The Central Bank of Nigeria (CBN) granted Flutterwave a Switching and Processing License, widely regarded as CBN’s most valuable payments processing license. This is in addition to the company's existing Payment Solution Service Provider (PSSP) and International Money Transfer Operator (IMTO) licenses.

Sabi, a Nigerian sector-agnostic B2B marketplace for informal retailers, is tapping into South Africa’s $9 billion informal economy. In partnership with Vumele, Sabi will extend its reach and services to South Africa’s 800k+ informal retailers, including 800k+ spaza shops, spazarrettes, Kasi Kos traders.

African FinTech Flutterwave has won approval from the Bank of Tanzania (BoT) to launch its service in the East African nation.

Flutterwave said it will open offices in Dar, the largest city and financial hub of Tanzania, to drive digital payments by enabling merchants and customers to trade through its platform.

Flutterwave, a leading technology company, has partnered with Afritickets – an end-to-end event ticketing platform – to create more revenue opportunities for event organisers in Africa and improve the ticketing experience for event goers.

South African payments company Yoco has acquired Cape Town-based fintech and Web3 software development agency Nona Digital to accelerate its roadmap by bringing a team of highly-specialised fintech product and technology professionals into the Yoco team.

SafeBoda has continued to wax strong in one of Nigeria’s populous cities with over 3 million rides made by over 10,000 riders and over 100,000 passengers. On the logistics end, the Ugandan startup has completed more than 50,000 deliveries in Ibadan, Nigeria.

Cadana helps businesses delight their employees by providing modern payroll platforms that allow employees access to their earned salary on-demand, anytime, anywhere. Following this partnership, Flutterwave processes payments for employers and employees on Cadana.

FlexClub is a technology-backed start-up that allows people to subscribe for a car, as opposed to renting, leasing or owning.

Smile Identity launches Document Verification to enable businesses accept and verify 142 ID types across 100 countries in Africa, Europe, and North America.

Ugandan moto-taxi app SafeBoda has become the latest startup in the African mobility space to transition towards becoming a multi-purpose “super app” with the addition of various new services to its offering.

MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to high-promise international students in the United States and Canada, has partnered with Flutterwave, an Africa-focused global payments technology company, in order to make the student loan application and payment process seamless for international students from Africa.

Neobanks and challenger banks are well-positioned to meet the digital challenges and garner the benefits of the new digital economy. As the market is transforming, they are shaking up the traditional branch-based banking systems and pushing the industry to become more agile and competitive.

One in five of the world's out-of-school children are in Nigeria which is why ed-tech platforms like PrepClassNG are so important.

Online home services platform, SweepSouth, has continued its African expansion by acquiring Egyptian startup Filkhedma. The buyout will bring manicures, pedicures, hair care, and makeup services back home to South Africa

The future of work has changed, and the future of banking must match it. Access Bank has partnered with Bettr, Africa’s first creator-centric fintech set to unlock Africa’s youth potential. With a world-class digital banking app, Bettr is built around Gen Z’s needs and career aspirations.

Blockchain Lab based in Africa has secured a $6 million Pre-series A investment to support the launch of its crypto wallet VIBRA, to help increase the usage of the digital asset in Nigeria.

Payment provider Yoco says its merchants surpassed R100 million for the first time this past Black Friday. Those were purchases made just on Black Friday alone, but most businesses had been running their specials for a week, or even as early as the beginning of November.

Founder and CEO of Flutterwave, Olugbenga ‘GB’ Agboola, shares his plans for transforming payments in Africa, and the rest of the world.