Flutterwave, Africa's leading financial technology company, has strengthened its foothold in Cameroon by introducing a comprehensive suite of digital payment services fully licensed by the Central Bank for Central African States.
As one of the few fintech companies authorized to operate in the country, Flutterwave is enabling businesses across Cameroon—from small local shops to large corporations—to accept payments, make payouts, and manage their financial operations with enhanced security and efficiency.
Regulatory Compliance Through Strategic Partnership
The company secured its digital payment license through a technical partnership with Ecobank, ensuring all services offered in Cameroon comply with regional regulations. This official authorization provides businesses with the confidence to leverage Flutterwave's trusted payment infrastructure for growth.
Local businesses can now easily accept customer payments through popular methods including mobile money, cards, and bank transfers without investing in expensive infrastructure. For instance, a boutique in Yaoundé can set up a payment link to share via WhatsApp or Instagram, while restaurants in Douala can send digital invoices with integrated payment options.
Facilitating Global Business Operations
The service also benefits global companies entering the Cameroonian market. E-commerce businesses can collect payments in local currencies, manage settlements, and process refunds while maintaining compliance with local regulations. Similarly, streaming companies can receive payments from Cameroonian customers without integrating multiple payment methods.
Olugbenga 'GB' Agboola, Founder & CEO of Flutterwave, emphasized the strategic importance of the region, stating: "Cameroon holds a central place in the future of Africa's digital economy, and we're proud to play a part in unlocking its potential. By offering secure, compliant, and accessible payment solutions, we're creating opportunities for businesses of all sizes, from local merchants to global brands, to grow and thrive."
Bode Aregbesola, Senior Vice President for Sales, West Africa, added: "We know what it takes to run a business in Africa, and we've built our solutions to support that reality. Flutterwave is helping everyone—from local businesses to international brands—accept payments, streamline operations, and expand with confidence."
Continental Expansion
Flutterwave currently supports payments in 34 African countries, connecting thousands of businesses to customers across borders. The company powers transactions for major global entities including Uber and Netflix.
With regulatory approval in Cameroon and extensive experience across the continent, Flutterwave aims to make it easier for businesses in Cameroon—and those entering the market—to process payments, pay vendors, and unlock new growth opportunities.
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