Flutterwave has announced that it processed about $1 billion in transactions between Africa and Asia in the first half of 2025, buoyed by strategic partnerships with leading East Asian payment firms including Norafirst and Skyee.
The African fintech giant disclosed the figures in its H1 2025 financial highlights released on Wednesday, noting that June’s monthly margin doubled compared to its 2024 average, driven by tighter cost controls and efficiency gains.
Enterprise payments recorded around 20 percent year-on-year growth in total payment volume (TPV), supported by a sharper focus on core business segments.
The company also expanded its regulatory footprint, securing 20 new U.S. Money Transmitter Licenses to bring its total to 34 direct licences, while strengthening operations in Ghana, Senegal, Cameroon, and Zambia. It completed its first group-wide audit in line with international reporting standards.
“We are not chasing vanity metrics,” said Founder and CEO Olugbenga Agboola. “We are building a company that outlasts the hype, scales with discipline, and puts African innovation at the centre of the global economic map.”
In H1 2025, Flutterwave sealed multiple strategic deals: partnering with Chapter AI to boost social commerce for SMEs in 11 African countries; collaborating with Global Remit to expand its Send App remittance service to the UAE, UK, EU, and United States; and teaming up with Circle to enable stablecoin settlements for enterprise merchants.
With the recent return of its Send App to Europe—home to one of the largest African diaspora communities globally—the company expects even stronger performance in H2 2025. The World Bank projects remittance flows to low- and middle-income countries to hit $690 billion this year, fuelled by rising global mobility and diaspora support for home countries.
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