DafriGroup PLC Collaborates with Flutterwave for Faster Usercentric Payment Solutions
DafriGroup PLC and its subsidiary companies have signed a merchant service agreement (MSA) with Flutterwave Payment Solutions to integrate their tested and proven payment gateway to DafriExchange and DafriBank platforms.
This will usher in a new world of possibilities that remain aligned with DafriGroup’s mission of expanding financial access to the unbanked and underbanked all over Africa.
Amongst other benefits, the Flutterwave collaboration will ensure that DafriGroup’s cross-border payment services are further streamlined and our users can send and receive funds with consummate ease anywhere in Africa and beyond without compromising speed, efficiency, affordability, and security. Specifically, DafriGroup customers will be able to transfer Fiat currencies like Naira, ZAR, USD, etc to facilitate their payments, in addition to utilizing their Bank Debit and Credit Cards, Mobile Money, among other wide range of payment solutions/options.
Leading the discussions for the collaboration are Dr. Edward Obasi, DafriGroup Managing Executive, and Mr. Etimbuk Bassey, Vertical Head — IMTO of Flutterwave in addition to other Project Team Members.
Referencing the collaboration, Ms. Nobuhle Catherine Anajemba, Group Managing Director of DafriGroup says: “We are excited to be collaborating with Flutterwave, a renowned pan-African FINTECH company, to continue to grow our strong presence in Africa. It is a testimony of DafriGroup’s commitment to financial inclusion and digitalizing banking in Africa.” Further reassuring DafriGroup users, she says: “We will continue to provide reliable transaction solutions to Africans wherever they are.”
Founded in 2016, Flutterwave is one of Africa’s fastest rising global payment technology company. It aims to facilitate the growth of African businesses through intelligent and efficient payment gateway solutions. Flutterwave end to end payment technology and infrastructure enables payment service providers, global merchants, banks, and others to process payments to and from Africa hassle-free. The company has processed over 100 million transactions worth more than $8 billion and has an active presence across 33 African countries with an esteemed customer list that includes Uber, Booking.com, Jumia, Binance Crypto Exchange, and now DafriGroup PLC.
DafriGroup PLC is a multinational public company headquartered in Johannesburg, South Africa. The company has an interest in multiple industries including finance, technology, hospitality, blockchain, real estate, and many more catered for by its several subsidiaries: DafriBank, DafriExchange, DafriEstate, Omaha Hotels, etc. In 2020 DafriGroup launched a revolutionary digital bank project called DafriBank specifically built to serve Africa’s digital entrepreneurial class as well as the unbanked population bringing financial inclusion for everyone.