Nigeria’s Flutterwave to sponsor 2021 Africa Fintech Summit in Cairo

The Africa Fintech Summit (AFTS) has announced Nigerian fintech company Flutterwave, as a principal sponsor, holding in Cairo Egypt from November 16th to 17th, 2021.

Flutterwave is a global payments technology company that helps businesses worldwide expand their operations in Africa and other emerging markets through its platform that enables cross-border transactions via one Application Programming Interface (API).

“We’re thrilled to be a title sponsor at this year’s AFTS event. We believe that the AFTS network is crucial to developing and shaping the fintech industry in Africa. By bringing together leading stakeholders from across the continent and worldwide, we’re able to collaboratively share ideas, innovations and insights that will drive the change needed to improve the fintech ecosystem in Africa” said Olugbenga Agboola, Founder and CEO of Flutterwave.

The company which has since attained unicorn status after a $170 million Series C funding in March, operates in 13 African countries presently, with infrastructure to reach over 33 African countries and has an established office in San Francisco and Lagos, Nigeria.

Read also: Is regulatory license repurposing the engine of the fintech revolution in Nigeria?

Flutterwave is on a mission to create a seamless payment experience for customers worldwide with the use of a pan-African borderless payment strategy. The company’s success so far has largely been attributed to this initiative.

“We are thrilled to have Africa’s fintech success story— Flutterwave, join us for the AFTS Cairo event as our Platinum sponsor. As the much anticipated Africa Continental Free Trade Agreement (AcFTCA) comes into effect, Flutterwave has demonstrated that borderless payment infrastructure is critical for Africa’s seamless economic integration,” said Zekarias Amsalu, Co-Founder of AFTS and MD Ibex Frontier.

“We are keen to learn more from Flutterwave as they lay out their ongoing plans for MENA expansion and overall African strategy during the summit,” said Zekarias Amsalu, Co-Founder of AFTS and MD of Ibex Frontier.

This year’s AFTS will address how to connect better and foster relationships between North Africa and Sub-Saharan African financial ecosystems, catalogue stories of African fintech expanding globally, the future of the NeoBanking sub-sector, movements and use-cases for decentralized finance (Defi), fintech funding trends, cross-border payments under the AcFTCA, among other topics.

Alongside Flutterwave’s sponsorship, AFTS Cairo will be sponsored by a group of other partners. They include AUC Venture Lab, Startup World Cup, EFG-EV Fintech, and the Congo Business Network.