edemoski-us-blog

[edemoski-us-blog]

What is Flutterwave: Flutter wave is a trailblazer in the FinTech industry that seeks to bridge the gap between Africa and the global economy through the building of disruptive and innovative technologies for fast, secure, seamless experience and trusted payment solutions to help Banks and Businesses growth.

Flutterwave, which graduated from Y-Combinator an American seed accelerator which has launched over 2000 companies including Dropbox, Airbnb, Stripe, Reddit, Optimizely, and Zenefits is co-founded by an ex Andelan/co-founder Iyinoluwa Aboyeji who is a Nigerian with a team of engineers, entrepreneurs, and ex-bankers.

Flutterwave’s Competitors:

There’s a saying “that whatever you are doing someone is doing it from another perspective”….African proverb. With flutterwave it is not different either, her competitors are not limited to Gravity Payments, Inter switch, vogue pay, and Elavon.

Flutterwave’s Success Stories: 

According to QwartzAfrica, Four months from inception flutterwave had already transacted more than $20million with clients including Uber Nigeria, Access Bank, Paystack. Recently with source from flutterwave’s website. Flutterwave has currently scaled in leaps to partnering with over 50 banks in Africa, over $2.6 billion payments processed in more than 100million transactions both in Africa and internationally while over 1200 developers build on Flutterwave. According to Techcrunch flutterwave is one of the several Africa focused FinTech companies that have established headquarters in San Francisco and operations in Africa to tap the best worlds in VC (Venture Capitalists), developers, clients, and digital finance. On July 31, 2017, flutterwave announced that it raised over $10million in a Series A round of funding. The round was led by Greycroft Partners and Green Visor Capital with Participation from Y combinator and Glyn Capital, thus showing the viability of fluterwave’s business model.

Flutterwave products: with the aim of tackling the fragmented payment system in Africa these flutter wave’s products have been a great contribution. Moneywave: This solution allows individuals and merchant in Nigeria who wants to send payments in whatever form they choose. Rave: Rave is a payment solution which allows you and your business to accept a range of payment method from customers around the world. These methods are Card Payments, Bank account Payments, and Mobile Wallet Payments. GetBarter: With GetBarter you can manage payments and subscriptions and peer-lending while you get notified of where your money is moving next, most importantly you have control of how you are spending your money.

Reasons Why you should use flutterwave products and/or integrate them into your business.

Security: As a business owner or an individual one thing is paramount, the security of your money during transactions. Flutterwave rave is a PCIDSS ( Payment Card Industry Data Security Standard) level 1 compliant, and as such all transactions pass through the system are automatically afforded thew highest level of security in online payments. Also, it offers a proprietory fraud system to block/ban any of your customers which you have identified to be fraudulent or to had carried out processed fraudulent transaction either through card or IP addresses or both.

Rich Customer Data: Rave gives you Incredible insight into who your customers are so that you can understand who they are as well as their transaction habits when using your products

Seamless Transactions: Rave helps you create any type of payment flow from e-commerce to recurring billing on your website and apps across all devices.

Functionalities: Companies on rave allows a business owner with multiple products that receive payments online or multiple brands under a parent company to separate payments in a logical way while still maintaining the same profile.

Utility Bills: With GetBarter you don’t have to queue up to pay for subscriptions. From the comfort of your room, you can subscribe that go-tv, DSTV, data, airtime, in fact, you can reduce pressure on yourself by paying for your child school fees without going to the bank or the school, I won’t forget to mention that getBarter can be a lifesaver in medical emergencies bill payments.

Bonus Information:

Make money using rave: Yes, you read it right! You can make money using rave’s subdomain. How this works is by offering rave as your service to customers. The interesting thing is the ability to increase fees on your own subdomains which your customers pay, you can as well add individual fees to each customer that signs up with you.

In conclusion, Flutterwave is a solution which is efficiently tackling the fragmented payments issues across Africa with her groundbreaking technologies. With time I hope it penetrates the rural areas starting from Nigeria to support that Fisherman returning from all-night fishing on Cameroun- Nigerian high seas, or that market woman that is not banked but used to tying money around her waist with wrapper as a safety measures and finally, provide Point Of Sales (POS) machines to support Small Scale and Medium Businesses.

[edemoski-us-blog]

What is Flutterwave: Flutter wave is a trailblazer in the FinTech industry that seeks to bridge the gap between Africa and the global economy through the building of disruptive and innovative technologies for fast, secure, seamless experience and trusted payment solutions to help Banks and Businesses growth.

Flutterwave, which graduated from Y-Combinator an American seed accelerator which has launched over 2000 companies including Dropbox, Airbnb, Stripe, Reddit, Optimizely, and Zenefits is co-founded by an ex Andelan/co-founder Iyinoluwa Aboyeji who is a Nigerian with a team of engineers, entrepreneurs, and ex-bankers.

Flutterwave’s Competitors:

There’s a saying “that whatever you are doing someone is doing it from another perspective”….African proverb. With flutterwave it is not different either, her competitors are not limited to Gravity Payments, Inter switch, vogue pay, and Elavon.

Flutterwave’s Success Stories: 

According to QwartzAfrica, Four months from inception flutterwave had already transacted more than $20million with clients including Uber Nigeria, Access Bank, Paystack. Recently with source from flutterwave’s website. Flutterwave has currently scaled in leaps to partnering with over 50 banks in Africa, over $2.6 billion payments processed in more than 100million transactions both in Africa and internationally while over 1200 developers build on Flutterwave. According to Techcrunch flutterwave is one of the several Africa focused FinTech companies that have established headquarters in San Francisco and operations in Africa to tap the best worlds in VC (Venture Capitalists), developers, clients, and digital finance. On July 31, 2017, flutterwave announced that it raised over $10million in a Series A round of funding. The round was led by Greycroft Partners and Green Visor Capital with Participation from Y combinator and Glyn Capital, thus showing the viability of fluterwave’s business model.

Flutterwave products: with the aim of tackling the fragmented payment system in Africa these flutter wave’s products have been a great contribution. Moneywave: This solution allows individuals and merchant in Nigeria who wants to send payments in whatever form they choose. Rave: Rave is a payment solution which allows you and your business to accept a range of payment method from customers around the world. These methods are Card Payments, Bank account Payments, and Mobile Wallet Payments. GetBarter: With GetBarter you can manage payments and subscriptions and peer-lending while you get notified of where your money is moving next, most importantly you have control of how you are spending your money.

Reasons Why you should use flutterwave products and/or integrate them into your business.

Security: As a business owner or an individual one thing is paramount, the security of your money during transactions. Flutterwave rave is a PCIDSS ( Payment Card Industry Data Security Standard) level 1 compliant, and as such all transactions pass through the system are automatically afforded thew highest level of security in online payments. Also, it offers a proprietory fraud system to block/ban any of your customers which you have identified to be fraudulent or to had carried out processed fraudulent transaction either through card or IP addresses or both.

Rich Customer Data: Rave gives you Incredible insight into who your customers are so that you can understand who they are as well as their transaction habits when using your products

Seamless Transactions: Rave helps you create any type of payment flow from e-commerce to recurring billing on your website and apps across all devices.

Functionalities: Companies on rave allows a business owner with multiple products that receive payments online or multiple brands under a parent company to separate payments in a logical way while still maintaining the same profile.

Utility Bills: With GetBarter you don’t have to queue up to pay for subscriptions. From the comfort of your room, you can subscribe that go-tv, DSTV, data, airtime, in fact, you can reduce pressure on yourself by paying for your child school fees without going to the bank or the school, I won’t forget to mention that getBarter can be a lifesaver in medical emergencies bill payments.

Bonus Information:

Make money using rave: Yes, you read it right! You can make money using rave’s subdomain. How this works is by offering rave as your service to customers. The interesting thing is the ability to increase fees on your own subdomains which your customers pay, you can as well add individual fees to each customer that signs up with you.

In conclusion, Flutterwave is a solution which is efficiently tackling the fragmented payments issues across Africa with her groundbreaking technologies. With time I hope it penetrates the rural areas starting from Nigeria to support that Fisherman returning from all-night fishing on Cameroun- Nigerian high seas, or that market woman that is not banked but used to tying money around her waist with wrapper as a safety measures and finally, provide Point Of Sales (POS) machines to support Small Scale and Medium Businesses.