Flutterwave Processes $1bn Asia-Africa Transactions In 6 Months

Flutterwave said it processed close to $1 billion in transactions between Africa and Asia in the first half of 2025 as it expanded its operations in Ghana, Senegal, Cameroon, and Zambia.

In its half-year 2025 review, the payment fintech released said it had partnered with Global Remit to expand the Send App for remittances to the United Arab Emirates, the United Kingdom, the United States of America and Europe.

In addition to these partnerships, Flutterwave said its facilitation of close to $1 billion in transactions between Africa and Asia had attracted major East Asian players such as Norafirst and Skyee to partner with it.

In the 2025 half-year review, Flutterwave said its monthly margin by June had doubled compared to its 2024 average, due to tighter cost control and efficiency improvements.

It also noted that enterprise payments saw approximately 20 per cent year-on-year growth in total payment volume (TPV), driven by a sharper focus on core business segments, saying, ‘Pay with Bank Transfer recorded 198 per cent growth in total processed value (TPV) between the half-year of 2024 and the half-year of 2025.’

According to the half-year review, Flutterwave saw a series of regulatory expansions. It secured 20 new U.S. Money Transmitter Licenses, bringing its total to 34 direct licenses, while also deepening operations in Ghana, Senegal, Cameroon, and Zambia. This is as it further completed its first group-wide audit, aligning its reporting with international standards.

Commenting on the half-year review, Olugbenga Agboola, founder and chief executive of Flutterwave, said: “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.”

Following its launch in Ghana in March, Flutterwave said Pay with Bank Transfer processed rose by  26 transactions in one quarter compared to other APMs in Ghana, driven mainly by large corporations and enterprises.

“Overall transactions in Ghana also skyrocketed by 47x compared to the year’s first half in 2024, he added.