Flutterwave Founder and CEO, Olugbenga Agboola, has emphasised that seamless and interoperable cross-border payments are central to unlocking Africa’s next phase of economic growth.
Agboola expressed this during Money20/20 Europe at the New York Stock Exchange, a conference for global payment stakeholders.
For Agboola, this reality means the demand for reliable, interoperable, and scalable payment solutions will continue to rise.
He said, “Almost every African country has advanced local payment systems today, but they don’t talk to each other. Flutterwave solves that. We help global companies scale in Africa, and we help Africans transact anywhere on the continent and beyond.”
“Flutterwave is well-prepared to address this demand, positioning itself as the premier platform for payments in Africa. Flutterwave provides multinational giants like Uber, notable payment service providers (PSPs), and African enterprises like Bamboo and Wakanow with a unified API that facilitates cross-border payments across the continent and beyond. This makes Flutterwave a leading force in addressing Africa’s critical payment challenges and the lack of interoperability between national payment infrastructures.
“Africa’s incredible growth potential is already getting the continent recognised worldwide as the next global economic frontier. According to the African Development Bank, for instance, 12 of the world’s 20 fastest‑growing economies by 2025 will be African, and average real GDP growth is projected to increase by 4.4 per cent in 2026.
“Beyond commercial transactions, Flutterwave’s platform is enabling everyday payments for essential services, including healthcare and education. We are building a systemically important platform for the continent. Our goal is to make payments easy, scalable, and accessible for every African.”
