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“We found that mentorship from Googlers and networking with other founders was the most valuable aspect for us,” says Olugbenga. During the program, they received training and mentorship on technical and leadership best practices from teams across Google and industry experts.

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They were selected to participate in Google for Startups Accelerator: Africa, a three-month program for high potential Seed to Series A tech startups based in Africa. In 2017, the Flutterwave team was looking at opportunities that would help them further grow and scale their business. Joining the Google for Startups Accelerator: Africa and the Google products ecosystem Barter is a mobile app that allows users to send money across borders for free, request funds instantly, buy airtime, and pay bills. “We also have Barter by Flutterwave, a B2C product that helps individuals send and receive money across borders, pay bills, and more,” says Olugbenga. and Flywire are also Flutterwave clients 900,000 businesses across the world use Flutterwave to process payments, in 150 different currencies. When Uber faced difficulty processing credit card payments in Lagos, Flutterwave worked with Access Bank to provide Uber with a payments solution that allowed them to process payments locally.

“We help solopreneurs receive payments with our payment links, help small and medium-sized businesses receive payments with Flutterwave Store and Checkout, and facilitate payouts and collections for enterprise customers like Uber,” says Olugbenga.įlutterwave also helps businesses like Uber expand into Africa. In addition, the company’s collaboration with PayPal allows users around the world to make purchases from African merchants using the service.

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Flutterwave provides multiple Software Development Kits (SDKs )and plugins, and businesses can use Flutterwave payments APIs to build customizable payments applications. Founded in 2016 and headquartered in San Francisco and Nigeria, Flutterwave aims to make it easier for Africans to build global businesses that can make and accept any payment, across Africa and around the world.įlutterwave’s JavaScript API acts as a middle layer that payment service providers and global merchants can integrate with different payment methods and systems, allowing payments to be made by credit card, mobile wallet, and bank accounts in multiple African countries. Business and personal transactions across borders typically have to be sent via Europe or North America, leading to costly and time-consuming transactions.įrustrated by these inefficiencies, Nigerian entrepreneur Olugbenga Agboola and a team of ex-bankers and engineers started Flutterwave, a payment processing company that helps businesses make and receive payments across borders, using one API. Most African countries use different dominant payment methods, and those varying interfaces don’t always interact conveniently with each other. While many global customers are accustomed to making payments in multiple ways-via credit card, debit card, or mobile payment-merchants and payment providers in Africa need to integrate each payment method separately, and banks lack seamless payments technology. Africa is the world’s second-largest continent, but payment processing in Africa has always been challenging.