Flutterwave Eyes NGX Listing, Reaffirms Commitment to SME Growth

Flutterwave, a platform that various payments products and services to individuals and businesses , is seeking approval to be listed on the Nigerian Stock Exchange (NGX), reinforcing its commitment to driving financial inclusion and supporting small and medium enterprises (SMEs) with seamless digital payment solutions in Nigeria.

During a recent visit to President Bola Ahmed Tinubu, Flutterwave Founder and CEO Olugbenga ‘GB’ Agboola, alongside executives and leadership from Alami Capital, highlighted the company’s transformative impact on cross-border payments since its inception in 2016.

Agboola emphasized Flutterwave’s role in simplifying payments for Nigerians, enabling them to pay for services like Uber and Netflix in Naira rather than foreign currencies. Additionally, the company has facilitated the entry of global merchants into Nigeria, allowing them to localize their payment processes.

“In the last couple of years, we have launched a remittance platform which is helping Nigerians even in the diaspora to send money back home to Nigeria and help us generate foreign currency in Nigeria here today. We are in the top three companies in Nigeria by the inflow that we pay to Nigeria. And the goal here is to continue going forward,” Agboola stated.

With a valuation exceeding $3 billion, Flutterwave holds licenses in over 15 African countries and operates in more than 30, including the U.S. and UK, while partnering with key stakeholders in the EU. The company continues to expand digital payment capabilities for both senders and receivers globally.

Beyond payments, Flutterwave empowers Nigerian businesses to export their products to international markets. Its platform enables small merchants to accept payments from anywhere in the world, making cross-border transactions seamless.

“Our vision is to connect Nigerians to the global economy. We want to position Nigeria as a major payment hub and attract investors to the country. With over 1,000 Nigerians employed and a strong brand built over the years, we remain dedicated to transforming the digital payments landscape,” Agboola affirmed.