Africa’s Payment Pioneer: Flutterwave Ranked Among Top 100 Cross-Border Payment Companies for Second Consecutive Year
In a significant milestone, Flutterwave, Africa’s leading payments technology company, has been recognized as one of the top 100 cross-border payment companies by FXC Intelligence for the second year in a row. This prestigious ranking solidifies Flutterwave’s position as a major player in the global payments landscape, alongside industry giants like Paypal, Google, and Shopify.
According to Yewande Akomolafe-Kalu, Associate Vice President of Branding and Storytelling at Flutterwave, "Being consistently recognized alongside innovation powerhouses like Google and Apple on this esteemed list truly reflects Flutterwave’s deep commitment to excellence." This acknowledgement is a testament to the company’s tireless efforts to connect Africa to the world and vice versa through seamless payments.
Flutterwave’s flagship product, Send App, has been instrumental in bridging the gap for Africans to access cross-border payments for essential items like tuition fees, medical bills, and more. The company’s cross-border capabilities have surged, with almost 50% of businesses on its platform receiving payments from new geographic locations in 2024. This growth spans sectors like remittance, hospitality, and travel, facilitating seamless transactions across the globe.
To further enhance its cross-border solution, Flutterwave has made significant strides, including acquiring a remittance license in Ghana and improving Send App’s speed, allowing it to process over 98% of cross-border transactions in under five minutes. The company has also contributed to the development of Africa’s fintech ecosystem, operating in over 60% of African countries, partnering with payment giants like AMEX, and launching a Pay With Bank Transfer option for Ghanaian businesses.
This recognition follows a series of prestigious awards won by Flutterwave, including Fast Company’s "Most Innovative Company for Europe, Middle East, and Africa" in 2024 and the "Cross Border Payments" award at the 2025 Africa Tech Summit. Flutterwave’s inclusion in the FXC Top 100 list is a mark of continued success and commitment to providing reliable payment infrastructure, enabling enterprise businesses to operate and expand easily in Africa and globally.
As Flutterwave continues to push the boundaries of payment innovation, its commitment to excellence and dedication to building a better Africa are evident. With its sights set on connecting the world to Africa and Africa to the world, Flutterwave is poised to remain a leading force in the cross-border payments space for years to come.
