Flutterwave - FinTecBuzz

Flutterwave Expands Payments Infrastructure With Acquisition of Mono

January 5, 20264 min

Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region. Mono’s API-driven platform enables secure access to financial data, identity verification, and account-to-account payments; capabilities that are increasingly critical as African markets move toward more trusted,...

by PRNewswire

Payments

Flutterwave Secures Electronic Money Issuer & Remittance licenses

March 15, 20236 min

Flutterwave's new Electronic Money Issuer license allows the company to acquire all types of payment instruments in Rwanda.

by PRNewswire

Payments

Flutterwave appoints Marshall Lux as Senior Advisor

October 19, 20226 min

Marshall brings 30 years of experience from BCG, JP Morgan Chase and Mckinsey. Marshall’s expertise will be instrumental in helping Flutterwave continue to meet global risk management and compliance standards for merchants and partners as the business scales. Following its Series D funding in February 2022, which valued the company at over $3 billion, Flutterwave continues to expand globally as Africa shifts to digital solutions for cross-border payments. Marshall’s appointment as Senior Advisor follows other significant additions as the company continues...

by PRNewswire

Payments

Flutterwave Secures Switching and Processing License

September 1, 20224 min

Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN’s most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. The Switching and Processing license allows Flutterwave to enable transactions between banks, fintechs and other financial institutions. The Company is also able to process card transactions,...

by PRNewswire

Payments

Flutterwave Appoints Oneal Bhambani as Chief Financial Officer

June 15, 20227 min

Oneal joins from American Express, where he was Vice President, Chief Financial Officer and Head of Capital Markets of Kabbage, one of the world’s largest fintech platforms offering credit, banking and payments solutions. Previously, as CFO of late-stage, pre-IPO Kabbage, Oneal helped lead its acquisition and integration within American Express. Oneal’s experience managing large-scale operations and capital markets will help continue Flutterwave’s growth, accelerate the company’s expansion, further develop credit products and prepare for a...