Flutterwave said it processed about $1 billion in a between Africa and Asia in the first half of 2025.
Flutterwave revealed this in its half-year 2025 financial highlights released yesterday.
The fintech firm noted that the surge in transactions was fueled by strategic partnerships with major East Asian payment firms such as Norafirst and Skyee and committed to global expansion.
The firm disclosed that its monthly margin had doubled in June compared to its 2024 average, thanks to tighter cost control and efficiency improvements.
According to Flutterwave, enterprise payments also saw approximately 20 per cent year-on-year growth in total payment volume (TPV), driven by a sharper focus on core business segments.
Regulatory expansion was another major highlight for the period as Flutterwave 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.
Flutterwave further completed its first group-wide audit, aligning its reporting with international standards.
Founder and CEO, Olugbenga Agboola, said: “We are not chasing vanity metrics. We are building a company that outlasts the hype, that scales with discipline and that puts African innovation at the center of the global economic map.”
In the financial highlights, Flutterwave inked multiple strategic deals in H1 2025. It partnered with Chapter AI to boost social commerce for SMEs in 11 African countries, collaborated with Global Remit to extend its Send App remittance services to the UAE, the UK, the EU and the United States and teamed up with Circle to enable stablecoin settlements for enterprise merchants.
As Flutterwave inches toward profitability, its performance for the second half of the year may go a notch higher on the back of the return of Send App to Europe. The company announced its return last month after a pause for some time.
Europe is home to one of the largest and most vibrant African diaspora communities globally. According to the World Bank, remittance flows to low- and middle-income countries (LMICs) are set to reach $690 billion by 2025, fuelled by increasing global mobility and the growing commitment of Diasporas to support their home countries.
These moves, combined with strong transaction growth, signal that Flutterwave is positioning itself for its next growth phase and solidifying its status as one of Africa’s most successful fintechs.