The Africa Fintech Summit (AFTS) 2023, which will take place in Washington, DC, on April 12, 2023, and in one African city whose location will be announced later in the year, has picked Flutterwave, Africa’s top payments technology provider, as its presenting sponsor.
According to the company’s announcement, the sponsorship comes after permits were recently issued in Egypt that would enable Flutterwave to function as an official payment service provider there and expand its presence in the Middle East and North Africa.
Since the establishment of the business in 2016, the Flutterwave team has been working to provide consumers and businesses in Africa and developing countries with limitless prospects.
Currently, it has processed more than 400 million transactions totalling more than USD $25 billion in 34 African countries.
Read also: Flutterwave and Tobi Amusan Launch $end Mobile App for Easy Funds Transfer
More on the Africa Fintech Summit collaboration
This comes after the business had a very successful year, increasing the number of businesses it served to over a million globally.
Olugbenga ‘GB’ Agboola, CEO and founder of Flutterwave said, “Once again, we’re thrilled to be a main sponsor at this year’s AFTS event. We think the AFTS network has been crucial to the expansion of the African fintech ecosystem, and Flutterwave has played a key role in facilitating that growth.
“We’re always enthusiastic to collaborate with the Africa Fintech Summit team in order to bring together the stakeholders and partners that enable us to make limitless progress. It’s a big step forward in our mission to unite Africa’s economies via streamlined financial transactions, and we couldn’t be more thrilled about this chance.
With deep appreciation and pleasure, we’d like to announce that Flutterwave will be returning as the Lead Fintech Sponsor for our annual summits in April and November of this year. Fintech company Flutterwave “has been and continues to be an impactful, progressive, and innovative Fintech that enables the wide Fintech ecosystem in Africa and beyond, demonstrating the Africanization of Tech in its global growth trajectory,” said Zekarias Amsalu, Co-Founder of AFTS and MD of Ibex Frontier.
Africa Fintech Summit has grown from its first summit in 2018 to become the continent’s premier financial technology conference every other year. In addition to Flutterwave, AFTS will have a wide variety of other sponsors and partners.
The upcoming 9th edition of AFTS will feature a number of significant topics such as fintech regulatory best practices, diaspora banking & remittance, African fintechs expanding globally, cross border payment movements & use-cases for decentralized finance (Defi), fintech funding trends, cross-border payments under the AfCFTA, US-Africa tech connections, and several other spotlight topics.
Flutterwave prevalence in Africa
Flutterwave makes use of cutting-edge technology to provide banks and companies with a safe and hassle-free payment platform for their clients. It has grown its presence in Nigeria, Kenya, Ghana, South Africa, and seven other African nations as the continent’s preeminent supplier of payment solutions.
Flutterwave has handled $2.5 billion in payments and 100 million transactions since its launch, and it is partnered with 50 African banks and has over 1200 developers using its platform. In addition, Flutterwave has successfully raised over $20 million in funding.
By establishing a reliable method of doing online financial transactions, the company hopes to usher in a period of unprecedented economic growth throughout Africa.