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Innovation Solution Description
Payment innovations
Qualitative Results of the Innovation
1. Increased financial inclusion: Flutterwave payment infrastructure increased financial inclusion by enabling people who were previously excluded from the financial system to participate in global commerce.
2. Reduced transaction costs: Flutterwave has reduced the cost of transactions, particularly for small businesses.
3. Improved security: Flutterwave's payment infrastructure is secure and reliable when making and receiving payments.
4. Enhanced customer experience: Flutterwave seamless payment experience offers a range of payment options, including credit cards, mobile money, and bank transfers.
Quantitative Result of the Innovation
1. According to a report by TechCrunch, Flutterwave processed over $1.2 billion in transactions in 2020, up from $221 million in 2019.
Border Area
Idiroko and Chikanda (Nigeria-Benin border), Mfum (Nigeria-Cameroon border).
Present in 11 RBA Countries
Region
West Africa
Organization
Flutterwave
Email:
hi@flutterwavego.com
Tel:
+234 1-8889595
Consent/Link
Consent to share form or official link.
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