← State of Embedded Finance 2026

Flutterwave Partner

Can Flutterwave become the full financial infrastructure stack — payments, lending, FX, wallets, and stablecoins — for businesses and consumers across Africa and the African diaspora globally?

HQSan Francisco, CA, USA (registered: 2261 Market Street, Suite 85079, San Francisco, CA 94114)
IndustryFintech / Cross-border payments
The story

Flutterwave was founded as Africa's payments infrastructure layer, enabling businesses to send and receive payments across African markets and globally. Over time it expanded from pure payment processing into embedded financial services including multi-currency accounts (via Currencycloud), business lending (Flutterwave Capital), and more recently stablecoin wallets and crypto-linked debit cards (via Turnkey, Nuvion, and Kulipa). The company's embedded finance trajectory reflects a deliberate move to become the financial operating system for African merchants and businesses — not just the payment rail.

Last 12 months
2025-09
2025
2026-02
2025-07
Product timeline
2021
Partnered with Currencycloud to enable multi-currency account payments for businesses in Europe and the US.· banking
2022
Launched Flutterwave Capital, a business lending marketplace powered by Nigerian banking partners (CashConnect Microfinance Bank, Indicina, Keystone Bank, Migo, Wema Bank, Zenith Bank, Sterling Bank).· lending
2025
Integrated embedded stablecoin wallets powered by Turnkey and Nuvion, enabling USDC, USDT, and local currency holdings within the platform.· banking
2025
Partnered with Clear Junction to enhance cross-border remittance payments to the UK and EU for African migrant workers.· banking
2025
Partnered with Kulipa to launch stablecoin-funded physical and virtual debit cards accepted at Mastercard/Visa merchants across Africa and globally.· card
Regulated entities
ICO Registration (UK Data Protection)
UK FCA / ICO
Flutterwave UK Limited
The stack
Payments / PSP
Flutterwave Payments (self-operated)
Card issuing
Kulipa
Lending
CashConnect Microfinance Bank, Indicina, Keystone Bank, Migo, Wema Bank, Zenith Bank, Sterling BankFlutterwave Capital (business lending marketplace — no collateral required)Flexible loan offers tied to merchant transaction historyAutomatic daily repayment via sales settlement
FX & payouts
CurrencycloudClear Junction
Crypto
TurnkeyNuvionKulipa
Accounting
QuickBooks Online
Accounting gap: minor