African payments leader Flutterwave processed nearly $1 billion in cross-border transactions between Africa and Asia in its first half of 2025 review.
This significant volume accompanied its strategic expansion into key African markets, including Ghana, Senegal, Cameroon, and Zambia.
Flutterwave partnered with Global Remit, bolstering its global remittance reach and enhancing its Send App for flows into the UAE, UK, US, and Europe.
Furthermore, its impressive Africa-Asia transaction volume attracted major East Asian players Norafirst and Skyee to form new partnerships with the fintech.
The company reported its monthly margin doubled by June 2025 compared to its 2024 average, driven by stringent cost control and efficiency gains.
Enterprise payments also surged, achieving approximately 20% year-on-year growth in Total Payment Volume (TPV), while Pay with Bank Transfer recorded an explosive 198% growth in TPV between H1 2024 and H1 2025.
Flutterwave secured 20 new US Money Transmitter Licenses in H1 2025, bringing its total direct licenses to 34. The fintech also deepened operations in Ghana, Senegal, Cameroon, and Zambia, concurrently completing its first group-wide audit aligned with international standards.
Following its March launch in Ghana, Flutterwave’s Pay with Bank Transfer processed 26 more transactions per quarter than other Alternative Payment Methods (APMs), driven by large corporations. Overall transaction volume in Ghana skyrocketed 47 times compared to the first half of 2024.
Founder and CEO Olugbenga Agboola emphasized the company’s disciplined approach: “We’re not chasing vanity metrics. We’re building a company that outlasts the hype, scales with discipline, and puts African innovation at the centre of the global economic map.”
