Pan-African fintech giant Flutterwave has announced its official entry into Senegal’s financial market following the acquisition of a key payment services license. With this move, the company is set to offer its full suite of digital payment solutions to businesses across the West African nation, further deepening its commitment to empowering African enterprises through technology.
The license will allow Flutterwave to support businesses of all sizes in Senegal with streamlined collections, payouts, and scalable digital infrastructure. The company’s platform provides flexible payment options including mobile money and card services, enabling businesses to transact easily both online and offline.
“This license is more than just an expansion milestone—it’s a step toward building a more connected and financially inclusive Africa,” said Flutterwave CEO and founder Olugbenga ‘GB’ Agboola. “Senegal, like many African nations, holds incredible potential to lead in digital economic growth. We’re here to provide trusted and compliant payment technologies that help businesses thrive.”
Flutterwave’s solutions come at a time when digital payments are rapidly reshaping Africa’s financial landscape. With 28% of adults in Sub-Saharan Africa now using mobile money, Senegal represents a vital hub in the region’s fintech evolution.
For small and medium-sized enterprises (SMEs) in Senegal, Flutterwave’s platform offers added convenience—businesses can manage payments through a centralized dashboard, track transactions in real time, and share payment links via popular social platforms like WhatsApp and Instagram, helping to remove traditional barriers to commerce.
Commenting on the development, Bode Aregbesola, Senior Vice President for Sales, West Africa, said, “We understand the challenges businesses face when it comes to payments. At Flutterwave, we’re bringing secure, innovative solutions that empower Senegalese businesses to scale, access new revenue streams, and operate efficiently.”
The company’s entry into Senegal follows a similar move into Cameroon, reflecting Flutterwave’s broader strategy to expand its licensed services across the continent. Currently active in more than 60% of African countries, Flutterwave is on a mission to connect Africa to the global economy through smart, seamless, and secure payment systems.
