Flutterwave was awarded "Best Payment Infrastructure Provider in Africa" in 2026 by Euromoney Transaction Banking Awards.
San Francisco, USA, and Lagos, Nigeria, November 6, 2026 / PRNewswire / -- Flutterwave is a leading payment technology company in Africa. In 2026, the company was recognized as "Africa's Best Payment Infrastructure Provider." This recognition highlights Flutterwave's role in strengthening Africa's payment infrastructure, enabling businesses to conduct cross-border transactions and participate more effectively in the global economy.
Euromoney is a renowned international financial publication with a history of over 50 years, and its organized Transaction Banking Awards aims to recognize outstanding performances in the global transaction banking and payment sectors. Flutterwave states that this recognition is of great significance as the company is celebrating its tenth anniversary, commemorating its decade-long efforts to simplify payments, connect markets, promote ecosystem growth, and facilitate business development in Africa and other regions.
Flutterwave was established in 2016, dedicated to simplifying the flow of funds across various financial markets in Africa. The company connects local payment methods, banking networks, and international payment systems through a unified platform, helping businesses receive payments, reach new customers, and expand their operations beyond national borders. Over the past decade, Flutterwave has grown into a fintech platform that has earned the trust of approximately 4 million individual and corporate users, ranging from small and medium-sized enterprises to global organizations. The company has processed over 1 billion transactions, with a total value of more than 50 billion US dollars, reflecting the scale of its business as well as the growing demand for reliable and interconnected financial infrastructure across the African continent.
Flutterwave Founder and CEO Olugbenga " GB " Agboola said: " Euromoney has recognized us as the best payment infrastructure provider in Africa, which makes all the employees of Flutterwave proud, especially as we celebrate our tenth anniversary. When we founded Flutterwave in 2016, our goal was to make it easier for African businesses to transfer funds and participate in the global economy."
He added, "Ten years later, we have established an infrastructure that supports millions of businesses and connects the African market with the rest of the world. This award recognizes the dedication of our team, the trust of our customers, and the partnerships that have helped us grow. It also reaffirms our original intention in embarking on this path. There is still much work to be done to make payments across Africa simpler, faster, and more accessible. Therefore, we continue to evolve beyond just payments, building a comprehensive financial infrastructure that integrates payment services, banking services, stablecoins, and other financial services to help businesses and individuals transfer, manage, and access funds more efficiently. We will continue to be committed to building the infrastructure that will support Africa's next phase of economic growth."
Earlier this year, Flutterwave was also recognized as one of the top 250 fintech companies globally by CNBC and Statista, and its founder and CEO, Olugbenga Agboola, was included in the list of the top 100 leaders in the fintech industry selected by Fintech Magazine. These recognitions reflect the company's and its management team's outstanding performance in the payment sector.
After entering its second decade, Flutterwave is further expanding its business beyond payments to help enterprises and individuals make better use of their funds. The acquisition of the open banking company Mono and obtaining a microfinance license in Nigeria represent important milestones in this evolution, as they further integrate payment, banking, and financial data capabilities into its ecosystem.
Flutterwave is still promoting payment and settlement infrastructure based on stablecoins; for this, the company has received strategic investments from Ripple and Circle, which have strengthened its presence in the field of digital asset infrastructure. These capabilities are aimed at more efficiently supporting cross-border fund transfers and settlements, and complementing the traditional payment networks used by enterprises.
In addition to the aforementioned progress, Flutterwave is also expanding its multi-currency capabilities, enabling enterprises to manage international receipts and payments while serving customers in multiple markets. With its broad range of financial products, the company is building a more integrated platform that allows businesses to receive payments, access banking services, manage funds in different currencies, and conduct cross-border transfers with greater flexibility.
Looking ahead to the next phase, Flutterwave hopes to further integrate payment services, banking capabilities, multi-currency support, and infrastructure based on stablecoins, in order to help enterprises achieve growth in Africa and the global economy.
