African fintech giant Flutterwave has partnered with UK-based Clear Junction to strengthen its cross-border payment services, giving Africans faster and more reliable ways to send money to the UK and EU.
Why it matters
Remittances are a lifeline for millions of African families. Faster, cheaper, and more secure transfers mean migrant workers can send money home more easily — and recipients can access funds quickly.
How it works
- Flutterwave now plugs into Clear Junction’s infrastructure, enabling faster transaction routing and treasury services.
- The service is already live on Swap, Flutterwave’s FX platform built with Wema Bank and Kadavra BDC, which also powers its Send App.
- Customers can use familiar channels to send money abroad for needs like tuition and family expenses.
Zoom out
- Cross-border transfers to Africa are often expensive and slow.
- Partnerships like this aim to cut inefficiencies and ensure timely access to favorable FX rates.
What they’re saying
- Dima Kats, CEO of Clear Junction: “We’re thrilled to partner with Flutterwave… Individuals and families who rely on these services require speedy access to their funds.”
- Mayokun Owolabi, Head of Global Expansion at Flutterwave: “Our new and existing customers can now expect a more streamlined way to send money to the UK and EU.”
