Flutterwave secured 20 new U.S. Money Transmitter Licenses (MTLs) in the first half of 2025, bringing its total to 34 direct licenses, as the company deepened its regulatory footprint in North America and expanded operations across Ghana, Senegal, Cameroon, and Zambia.

The payments technology firm also processed close to $1 billion in transactions between Africa and Asia during the period, supported by partnerships with East Asian companies, including Norafirst and Skyee.

Founder and CEO Olugbenga Agboola said the company’s focus in 2025 had been on “sustainability and profitability.”

“Everything we have done in the first six months of 2025 is towards that goal. A cost optimisation here or revenue re-alignment there; it’s just what it is, a push to build a business that will stand the test of time,” Agboola said.

The firm reported a 20% year-on-year growth in Total Processed Value (TPV) for enterprise payments and completed its first group-wide audit to align financials with international standards.

It also advanced product development and partnerships, collaborating with Chapter AI to enhance social commerce for SMEs in 11 countries, teaming up with Global Remit to expand remittance services to the UAE, UK, EU, and US via the Send App, and working with Circle to introduce stablecoin settlement options for enterprise merchants.

Agboola added: “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 centre of the global economic map.”