Flutterwave, Africa's leading payments technology company, has once again secured a position on FXC Intelligence's Top 100 Cross-Border Payment Companies list for the second consecutive year, cementing its status as a global player in the financial technology sector.

The prestigious recognition places Flutterwave alongside international giants such as PayPal, Google, and Shopify as leading forces in the cross-border and remittance space. FXC Intelligence's annual list, now in its sixth year, serves as a comprehensive market map highlighting the 100 most influential players in the cross-border payments industry.

Responding to the achievement, Yewande Akomolafe-Kalu, Associate Vice President of Branding and Storytelling at Flutterwave, stated: "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.

Expanding Cross-Border Capabilities

Flutterwave's flagship product, Send App, has been instrumental in fulfilling the company's mission of connecting Africa to the global economy through seamless payment solutions. The company has made significant progress in facilitating cross-border transactions for essential payments such as tuition fees and medical bills.

In 2024, Flutterwave's cross-border capabilities experienced remarkable growth, with nearly 50% of businesses on its platform receiving payments from new geographic locations. This expansion spans various sectors including remittance, hospitality, and travel, enabling smooth cross-border transactions worldwide.

To strengthen its cross-border solutions, Flutterwave acquired a remittance license in Ghana, allowing for more efficient cross-border payment processing for Ghanaians. The company has also made technological improvements to its Send App, now processing over 98% of cross-border transactions in under five minutes.

Contributing to Africa's Fintech Ecosystem

Beyond facilitating payments, Flutterwave has played a significant role in developing Africa's fintech ecosystem. The company now operates in over 60% of African countries and has established strategic partnerships with payment giants such as AMEX. Recently, Flutterwave launched a Pay With Bank Transfer option for Ghanaian businesses, further expanding its service offerings.

This latest recognition adds to Flutterwave's growing list of accolades, which includes 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 underscores its continued success and dedication to providing reliable payment infrastructure that enables businesses to operate and expand seamlessly across Africa and globally.