Bringing up International Markets to Local Business

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African focused payments solutions firm Flutterwave is seeking to open up international markets to local businesses by eradicating payment hurdles that make companies shy away from pursuing deals abroad.

Flutterwave, which was founded in 2016 by a team of Nigerian ex-bankers, entrepreneurs and engineers including CEO Olugbenga Agboola and based in San Fransisco, United States, currently works with over 90,000 clients globally, 6,000 of them in Kenya.

Agboola who was in the country to network with clients said the company will work to empower SMEs access more markets and individuals to remit and receive money from anywhere in the world.

The company is looking to increase its partnerships in Kenya by offering a reliable payment infrastructure that will connect local businesses as well as individuals to the global economy.

It is credited with offering payment processing platforms for multinationals such as Uber, Transferwise and Booking.com.

Last month, the fintech firm announced a US$35 million fundraising round and partnerships with WorldPay and Visa to steer expansion plans into northern and francophone Africa.

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Author

Timothy Omondi