Flutterwave hits $2billion in transaction and increased banking partners

It’s been a pacesetting year for Flutterwave, as expected, the company has grown in leaps and bound.

Over the period the company has grown by 900% in transaction volume; from $200m a year ago to $2billion and from 6 banking partner to 45 across Africa. This is a massive growth year for the company.

Earlier in the year, the company allowed merchants to recieve payment from international cards and paypal, however some merchants were fraudulent (according to sources) and were later restricted and automated acceptance stopped and process reviewed.

It’s also interesting to know that Flutterwave powered ALAT and GTBank MarketHub given that these products were owned by banks.

 

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