Flutterwave has entered into a transformative partnership with iPayLinks, East Asia’s renowned payment platform, to strengthen Africa–Asia trade by simplifying cross-border payments. The partnership is designed to remove long-standing barriers that have slowed trade between the two regions, such as complex bank integrations, currency risks, and delayed settlements. By addressing these pain points, Flutterwave and iPaylinks are enabling businesses to trade as seamlessly across continents as they would locally.
Through this collaboration, iPaylinks’ customers can now use Flutterwave’s Virtual Accounts to collect payments from African buyers in local currencies, just like a standard domestic transfer. Settlements are processed quickly, with no hidden fees, ensuring exporters maintain steady cash flow while importers enjoy a smooth and trusted local payment experience. This approach not only accelerates business transactions but also delivers greater transparency with competitive FX rates and faster settlement cycles within one to two days.
Flutterwave’s single API integration further eliminates the complexity for iPaylinks of opening multiple bank accounts across Africa, while guaranteeing compliance with local regulations and global security standards. This makes it easier for Asian exporters to receive payments seamlessly in African currencies and have them converted into their preferred major currencies such as the US dollar. The solution brings confidence to both exporters and importers, bridging treasury risks while fostering reliability and efficiency in cross-border business.
Olugbenga Agboola, Flutterwave’s founder and CEO, emphasized that payments are more than just transactions—they are connections that fuel economic growth. By joining forces with iPaylinks, Flutterwave is positioning itself as a pivotal enabler of Africa’s $4 trillion trade economy, empowering enterprises, marketplaces, and payment companies to unlock new opportunities in the fast-expanding Africa–Asia trade corridor. This partnership is a clear demonstration of Flutterwave’s commitment to powering businesses that, in turn, power economies.
