Flutterwave

Following Successful Founder Summit Event, VC Firm Growth Warrior Capital Adds Esteemed Investor Rachel Baruch to Executive Team

Retrieved on: 
Tuesday, November 28, 2023

Growth Warrior Capital (GWC) , an early-stage venture capital firm, today announced appointments to its investment team.

Key Points: 
  • Growth Warrior Capital (GWC) , an early-stage venture capital firm, today announced appointments to its investment team.
  • GWC is cementing its trailblazing leadership team with the appointment of Rachel Baruch as Principal, along with the promotion of Alexa Payton, formerly Chief of Staff, to Head of Investor Relations.
  • Baruch will drive the deal selection process for its future funds, collaborating closely with the leadership team to define deal theses and outcomes.
  • In addition to her role at GWC, Baruch will continue to serve as a founding advisor to early-stage VC firm and growth consultancy Fiat Growth.

Flutterwave Hires World-Class Executives from PayPal, Stripe, and Western Union, Focusing on Risk, Compliance, and Payment Partnerships to Amplify Growth

Retrieved on: 
Wednesday, December 13, 2023

Previously, Amaresh has held key roles in leading global banks, including Citibank, Kotak Mahindra Bank, and Bank of America.

Key Points: 
  • Previously, Amaresh has held key roles in leading global banks, including Citibank, Kotak Mahindra Bank, and Bank of America.
  • At Flutterwave, Amaresh will oversee all aspects of Risk Management, including Compliance, Trust and Safety.
  • He will work closely with the board and Flutterwave leadership to build a risk-aware culture and strong governance across the company.
  • Their wealth of experience will help us maintain an atmosphere of sustainable growth and a constructive environment for our people.

Flutterwave Hires World-Class Executives from PayPal, Stripe, and Western Union, Focusing on Risk, Compliance, and Payment Partnerships to Amplify Growth

Retrieved on: 
Wednesday, December 13, 2023

Previously, Amaresh has held key roles in leading global banks, including Citibank, Kotak Mahindra Bank, and Bank of America.

Key Points: 
  • Previously, Amaresh has held key roles in leading global banks, including Citibank, Kotak Mahindra Bank, and Bank of America.
  • At Flutterwave, Amaresh will oversee all aspects of Risk Management, including Compliance, Trust and Safety.
  • He will work closely with the board and Flutterwave leadership to build a risk-aware culture and strong governance across the company.
  • Their wealth of experience will help us maintain an atmosphere of sustainable growth and a constructive environment for our people.

Flutterwave Secures 13 New Money Transmission Licenses in the U.S. and Services 29 States with its Send App Remittance Solution for Consumers and Enterprises

Retrieved on: 
Thursday, December 7, 2023

SAN FRANCISCO, Dec. 7, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced its acquisition of money transfer licenses for 13 U.S. states to enable faster, more affordable, and secure transfer of money from the United States to Africa and back. The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota. The 13 new licenses in addition to its partnership with another licensed financial institution enable Flutterwave to serve customers in 29 states in the U.S.

Key Points: 
  • The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota.
  • These licenses enable Flutterwave's solutions like Send App, which facilitates money transfer between the U.S. and Africa, and enterprises that use Flutterwave for last-mile payout globally.
  • These licenses enable Flutterwave to make Send App, the super user-friendly money remittance app, available to the African diaspora in the U.S.
  • Flutterwave is committed to providing accessible remittance services across the U.S. and will continue its expansion of licensing coverage.

Flutterwave Secures 13 New Money Transmission Licenses in the U.S. and Services 29 States with its Send App Remittance Solution for Consumers and Enterprises

Retrieved on: 
Thursday, December 7, 2023

SAN FRANCISCO, Dec. 7, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced its acquisition of money transfer licenses for 13 U.S. states to enable faster, more affordable, and secure transfer of money from the United States to Africa and back. The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota. The 13 new licenses in addition to its partnership with another licensed financial institution enable Flutterwave to serve customers in 29 states in the U.S.

Key Points: 
  • The states include Arizona, Arkansas, Maryland, Michigan, Delaware, Georgia, Maine, Mississippi, Missouri, New Hampshire, Iowa, North Dakota, and South Dakota.
  • These licenses enable Flutterwave's solutions like Send App, which facilitates money transfer between the U.S. and Africa, and enterprises that use Flutterwave for last-mile payout globally.
  • These licenses enable Flutterwave to make Send App, the super user-friendly money remittance app, available to the African diaspora in the U.S.
  • Flutterwave is committed to providing accessible remittance services across the U.S. and will continue its expansion of licensing coverage.

Flutterwave Cleared of Wrongdoing as Kenyan High Court Closes Case by ARA

Retrieved on: 
Friday, November 10, 2023

NAIROBI, Kenya, Nov. 10, 2023 /PRNewswire/ -- We are pleased to announce the closure of the High Court case by the Asset Recovery Agency (ARA).

Key Points: 
  • NAIROBI, Kenya, Nov. 10, 2023 /PRNewswire/ -- We are pleased to announce the closure of the High Court case by the Asset Recovery Agency (ARA).
  • The ARA has officially withdrawn its suit against us, marking an end to the scrutiny of Flutterwave Payments Technology Limited Kenya's bank accounts.
  • Flutterwave welcomes the recent court ruling that vindicates our company from any wrongdoing.
  • Flutterwave is poised to resume its mission to simplify payments and create endless possibilities for businesses in Kenya and beyond.

Flutterwave Cleared of Wrongdoing as Kenyan High Court Closes Case by ARA

Retrieved on: 
Friday, November 10, 2023

NAIROBI, Kenya, Nov. 10, 2023 /PRNewswire/ -- We are pleased to announce the closure of the High Court case by the Asset Recovery Agency (ARA).

Key Points: 
  • NAIROBI, Kenya, Nov. 10, 2023 /PRNewswire/ -- We are pleased to announce the closure of the High Court case by the Asset Recovery Agency (ARA).
  • The ARA has officially withdrawn its suit against us, marking an end to the scrutiny of Flutterwave Payments Technology Limited Kenya's bank accounts.
  • Flutterwave welcomes the recent court ruling that vindicates our company from any wrongdoing.
  • Flutterwave is poised to resume its mission to simplify payments and create endless possibilities for businesses in Kenya and beyond.

Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions

Retrieved on: 
Thursday, November 9, 2023

SAN FRANCISCO, and LILONGWE, Malawi, Nov. 9, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi.

Key Points: 
  • SAN FRANCISCO, and LILONGWE, Malawi, Nov. 9, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi.
  • The International Money Transfer Operator (IMTO) license was granted on Thursday, October 19, and will enable the payments company to process remittances from Malawians and other Africans sending money back home.
  • We are grateful to the Reserve Bank of Malawi for placing their trust in us.
  • Moreover, it mirrors the Reserve Bank of Malawi's strong commitment to fostering financial inclusion and propelling the digital economy forward.

Reserve Bank of Malawi Grants Flutterwave License to Process International Transactions

Retrieved on: 
Thursday, November 9, 2023

SAN FRANCISCO, and LILONGWE, Malawi, Nov. 9, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi.

Key Points: 
  • SAN FRANCISCO, and LILONGWE, Malawi, Nov. 9, 2023 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, has announced today that it has obtained official authorization to facilitate international remittances in Malawi.
  • The International Money Transfer Operator (IMTO) license was granted on Thursday, October 19, and will enable the payments company to process remittances from Malawians and other Africans sending money back home.
  • We are grateful to the Reserve Bank of Malawi for placing their trust in us.
  • Moreover, it mirrors the Reserve Bank of Malawi's strong commitment to fostering financial inclusion and propelling the digital economy forward.

Flutterwave launches Engineering Mobility Program in India for its Nigeria-based engineering team in collaboration with Capgemini

Retrieved on: 
Tuesday, October 3, 2023

SAN FRANCISCO, Oct. 3, 2023 /PRNewswire/ --  Flutterwave, Africa's leading payments technology company, today announced its plan to launch an inaugural Engineering Mobility Program in India with the support of Capgemini, a global leader in business and technology transformation services. Flutterwave's Nigeria and UK-based engineering team will work with Capgemini's extensive technology talent in Bangalore to share industry best practices and nurture the next-generation workforce. This collaboration will see Capgemini draw upon its deep domain expertise to enhance Flutterwave's product delivery via a new cloud service provider.

Key Points: 
  • This collaboration will see Capgemini draw upon its deep domain expertise to enhance Flutterwave's product delivery via a new cloud service provider.
  • Expressing his excitement, Gurbhej Dhillion, Flutterwave's Chief Technology Officer, said, "This engineering mobility program is the first of its kind in Flutterwave, and I'm happy to see it happen.
  • It goes beyond collaboration with a global tech leader like Capgemini; it's about diversity, inclusivity, and the mobility of ideas to fuel continuous innovation.
  • Our Engineering Mobility Program is a fundamental part of this effort, and we are convinced that working with Capgemini will make this a reality," Bode added.