Africa’s
leading payment technology company, Flutterwave has announced that it has
earned a spot on the prestigious 12th annual CNBD Disruptor 50 list
alongside companies like OpenAI, Stripe, Monzo. This recognition underscores
its innovation and expansion, achieved amidst challenging market conditions and
economic downturns.
The
CNBC Disruptor 50 list is renowned for spotlighting private enterprises that
shake up traditional industries and chase substantial opportunities. Criteria
such as scalability, user growth and use of breakthrough technologies are key
factors in the selection process, making Flutterwave’s inclusion a testament to
its groundbreaking advancements in the fintech sector.
In
the pursuit of innovation, Flutterwave has launched a series of innovative
products, among them the flagship Flutterwave for Business solution to equip
enterprise businesses with all the necessary resources to manage and expand
their operations seamlessly in Africa. Additionally, Flutterwave has
unveiled Send App which helps the African
diaspora to send money to the continent and a currency exchange solution, Swap
built in partnership with Kadavra BTC and Wema Bank. These offerings have not
only empowered businesses, startups, and individuals but also facilitated seamless
payment experiences and fostered growth across diverse sectors.
Further
solidifying its position as a leader in the industry, Flutterwave has expanded
its collaboration with Air Peace, Nigeria’s leading airline, serving as the
trusted payment partner of choice, cementing its role as the preferred
partner for Air Peace’s flagship Lagos to London routes. This alliance
not only strengthens Flutterwave’s commitment to excellence and innovation in
the aviation sector but also underscores its dedication to delivering seamless
payment experiences for travellers and businesses alike. Earlier in 2023,
Flutterwave collaborated with IATA, the global airlines alliance as a payments
provider for Africa. Moreover, Flutterwave has maintained a longstanding partnership
with Uber, helping the ride-hailing giant scale across Africa via one payment
integration. This shows its commitment to supporting businesses of all sizes
and other startups to bring their fintech solutions to market in record time.
In
response to the announcement, Olugbenga
‘GB’ Agboola, Founder and CEO of Flutterwave, conveyed the company’s
gratitude for being included in the esteemed CNBC Disruptor 50 list for 2024,
expressing, “We are deeply honored to be acknowledged among the
esteemed companies on CNBC’s Disruptor 50 list for 2024. Our mission has always
been to empower businesses of all scales, and to be recognised as a disruptor
in our field is a testament to the unwavering dedication of our team. Looking
ahead, our aim is to continue excelling in every aspect, from product
innovation to enhancing customer experiences, ensuring that we pave the way for
endless possibilities for both our clients and their customers.”
Remaining
steadfast in our commitment to innovation and expanding our product portfolio,
our overarching mission is to become the preferred payments partner for
international and multinational enterprises seeking to extend their footprint
in Africa and beyond. We are confident in our strategic positioning to assist
them in realising this ambition.”
Flutterwave’s
influence extends beyond its innovative products and partnerships. The company
has played a pivotal role in driving financial inclusion across Africa,
empowering businesses of all sizes to participate in the global economy. With a
steadfast commitment to providing secure, seamless, and accessible payment
solutions, Flutterwave continues to pave the way for digital transformation in
emerging markets, solidifying its position as a disruptor in the global fintech
landscape.
