Monday, July 6, 2026

Flutterwave named on FXC top 100 cross-border payment companies list for second consecutive year

Flutterwave, Africa’s leading payments technology company, was recently ranked as a top 100 cross-border payment company by FXC Intelligence for the second consecutive year. 

• May 12, 2025
FXC top 100 cross-border payment
Flutterwave

Flutterwave, Africa’s leading payments technology company, was recently ranked as a top 100 cross-border payment company by FXC Intelligence for the second consecutive year. 

FXC Intelligence’s Top 100 Companies list, now in its sixth year, serves as a market map to highlight and celebrate the 100 most important players in the cross-border payments space. Flutterwave is once again recognized alongside companies like Paypal, Google and Shopify as leading forces in the cross-border and remittance space.

Commenting on the recognition, Yewande Akomolafe-Kalu, Associate Vice President, Branding and Storytelling said: “Being consistently recognized alongside innovation powerhouses like Google and Apple on this esteemed list truly reflects Flutterwave’s deep commitment to excellence.”

“Our cross border solutions were designed with our vision to connect Africa to the world and vice versa. This acknowledgement affirms our vision and fuels our unwavering commitment to delivering world-class payment services and infrastructure, building a better Africa now and in the future,” she added. 

Flutterwave, through its flagship product, Send App, has committed to its mission – connecting the world to Africa and Africa to the world through seamless payments. Identifying that remittances are a lifeline for Africans, Flutterwave has made giant strides in bridging the gap for Africans to easily access cross-border payments for essential items such as tuition fees, medical bills, and so on. 

Flutterwave’s cross border capabilities surged in 2024, as almost 50% of businesses on its platform received payments from new geographic locations. This growth encompasses sectors like remittance, hospitality, and travel, powering seamless cross border transactions across the globe.  

To enhance its cross-border solution, Flutterwave has made significant strides, one of which was acquiring a remittance license in Ghana to facilitate cross-border payment processing for Ghanaians, and thus expanding the reach of their remittance solutions in Ghana. Improving Send App’s speed on the technological front, they were able to  process over 98% of its cross-border transactions in under five minutes. 

Beyond facilitating cross-border payments, Flutterwave has actively contributed to the development of Africa’s fintech ecosystem. This contribution is evident in their expansion efforts, now operating in over 60% of African countries, establishing partnerships with payment giants such as AMEXand recently launching a Pay With Bank Transfer option for Ghanaian businesses.  

This recognition follows a series of prestigious awards Flutterwave has received, which include Fast Company’s “Most Innovative Company for Europe, Middle East, and Africa” in 2024, the 2024 “Financial Services Infrastructure Innovation Award” at the International Financial Inclusion Conference, and the “Cross Border Payments” award at the 2025 Africa Tech Summit.

Flutterwave’s inclusion in the FXC Top 100 list is a mark of continued success and commitment to providing reliable payment infrastructure that enables enterprise businesses to operate and expand easily in Africa and globally. 

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

National Youth Service Corps (NYSC)

NationWide

Rep seeks suspension of proposed NYSC reforms

Mr Agbese defended the scheme’s longstanding military orientation.

NationWide

Tinubu inherited bad roads, tackling infrastructure deficit headlong, says senator 

The senator said that the administration had been reconstructing existing roads.

States

Police nab eight Gombe suspects over alleged robbery, internet fraud

Mr Abdullahi urged them to report suspicious activities to the security agencies.

NationWide

Non-implementation of master plan responsible for Coastal road flooding: Umahi

Mr Umahi thanked the contractor handling the Sokoto-Badagry Superhighway, Hitech Construction Company Ltd. for efficiency.

D'Tigers

NationWide

D’Tigers beat Rwanda 106-62 in World Cup Qualifier

Mr Okoye said, “Going home 3-0 feels amazing, but the job is not done. Representing Nigeria means the world to me, and every opportunity to wear this jersey is a blessing.”

President Bola Tinubu

NationWide

Lagos deputy governor, APC state chairmen hail Tinubu’s visionary leadership

Mr Hamzat described Mr Tinubu as an inclusive leader who encouraged innovation and welcomed superior ideas irrespective of their source.