Flutterwave has expanded its operations into Cameroon with a full suite of licensed digital payment services, making it one of the few fintechs officially authorised to operate in the Central African country.
The launch, in partnership with Ecobank, follows the company’s securing of a payment service provider license from Cameroon’s National Payment Systems Department.
This development provides businesses in Cameroon with secure, compliant tools to accept payments, process payouts, and manage their finances. It also strengthens Flutterwave’s mission to build the most extensive digital payments network across Africa.
What Flutterwave’s Cameroon expansion means for local businesses
Flutterwave’s entry brings new opportunities for businesses of all sizes in Cameroon’s growing digital economy. The platform supports mobile money, card, and bank transfer payments, offering flexible options for both consumers and merchants.
Small businesses can now create payment links and share them via social apps like WhatsApp or Instagram. Larger enterprises can issue digital invoices, manage vendor payments, and access a single dashboard for all transactions. Global firms can also collect local payments and process refunds while staying compliant with local regulations.
A strategic step toward Francophone and Central Africa Growth
Cameroon is Flutterwave’s latest addition to its rapidly growing network, joining over 30 countries across Africa where the company operates. It follows recent licensing wins in Zambia, Uganda, and Ghana, reinforcing Flutterwave’s regulatory-first strategy across the continent.
This license also strengthens its foothold in Francophone Africa—a market often underrepresented in fintech expansion stories. Through its partnership with Ecobank and past collaborations with MTN MoMo in Cameroon, Flutterwave is positioned to offer integrated solutions tailored to regional needs.
Founded in Nigeria in 2016, Flutterwave has powered payments for companies like Uber and Microsoft and processed over $34 billion in transactions. With a valuation near $3 billion, it remains Africa’s most valuable fintech startup.
Financial inclusion and trust
Flutterwave’s push into Cameroon also reflects its efforts to rebuild trust after facing regulatory issues in countries like Kenya. By securing local licenses, it hopes to deepen financial inclusion, enhance credibility, and build long-term partnerships with regulators and users.
With Cameroon now online, Flutterwave is expanding beyond just transactions. It’s building a digital foundation for growth across Central Africa, giving local merchants and consumers tools to participate in a more connected, cashless economy.
As the fintech space in Africa matures, Flutterwave’s regulatory-driven expansion may serve as a model for others to follow.