Flutterwave, the leading African fintech company, has been making strategic moves to accelerate its growth and expand its reach across the continent. At the forefront of this expansion are two key partnerships that are transforming Flutterwave’s capabilities and unlocking new opportunities for businesses and consumers alike.
The first of these partnerships is with tech giant Microsoft. Flutterwave has announced a five-year strategic technology collaboration with Microsoft, which will see the company build its next-generation platform on the Azure cloud infrastructure. This collaboration is set to have a profound impact on Flutterwave’s ability to process high-volume payments at scale, ensuring a seamless and secure payment experience for its clients.
Lillian Barnard, the President of Microsoft Africa, expressed the company’s commitment to this partnership, stating, “Microsoft is committed to fast-tracking economic growth in Africa through the transformative power of technology – a key part of this involves making it possible for SMEs to acquire the digital financial tools and services they need to succeed.”
Flutterwave’s collaboration with Microsoft is not just about technological integration; it is also about empowering small and medium-sized enterprises (SMEs) across Africa. Current estimates suggest that around 90% of the continent’s population is employed within these small businesses, which often face significant obstacles in accessing financial services and participating in the global marketplace.
By leveraging Microsoft’s Azure Marketplace, Flutterwave will be able to launch its SMB finance-as-a-service offering, directly addressing the needs of these crucial drivers of Africa’s economic growth. This partnership signifies Flutterwave’s commitment to fostering financial inclusion and enabling small businesses to thrive in the digital age.
Complementing its alliance with Microsoft, Flutterwave has also forged a strategic partnership with Acquired.com, a leading payment processing platform. This collaboration has enabled Flutterwave to enhance the customer experience for its flagship remittance product, Send App, offering faster and more secure outward remittance transactions for UK and EU cardholders sending money to their business partners or loved ones in Africa.
James Hardy, the Senior Vice President of Consumer Business at Flutterwave, emphasized the company’s dedication to improving the customer experience, stating, “We are dedicated to enhancing the customer experience by working with the best partners to improve speed, transparency, and facilitating hassle-free money transfers.”
The integration of Acquired.com’s expertise and Flutterwave’s payment infrastructure has resulted in a seamless and frictionless customer journey, further solidifying Flutterwave’s position as the trusted payments provider in Africa.
These strategic partnerships with Microsoft and Acquired.com are a testament to Flutterwave’s vision and its ability to forge alliances that drive innovation, empower small businesses, and enhance the customer experience. As the company continues to expand its reach and solidify its position in the African fintech landscape, these collaborations will undoubtedly play a crucial role in shaping the future of digital payments on the continent.
