Flutterwave
Include April 2026 microlender license from Central Bank of Nigeria
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In January 2026, it was announced that Flutterwave had acquired Mono, a Nigerian open banking infrastructure provider, in an all-stock transaction. Mono, founded in 2020 and headquartered in Lagos, was to continue operating independently following the acquisition, which followed a partnership between the two companies dating back to 2021; financial terms were not formally disclosed.{{Cite web |title=Flutterwave acquires Nigerian open banking provider Mono |url=https://www.fintechfutures.com/m-a/flutterwave-acquires-nigerian-open-banking-provider-mono |access-date=2026-01-06 |website=FinTech Futures |language=en}} Flutterwave also announced it has partnered with blockchain infrastructure provider Turnkey and artificial intelligence-powered global banking platform Nuvion to launch stablecoin balances for merchants and users across its platform.{{Cite web |last=Kareem |first=Opeyemi |date=2026-01-22 |title=Flutterwave taps Turnkey to launch stablecoin wallets for merchants |url=https://techcabal.com/2026/01/22/flutterwave-partners-turnkey-to-launch-stablecoin-wallets/ |access-date=2026-01-22 |website=TechCabal |language=en-US}} |
In January 2026, it was announced that Flutterwave had acquired Mono, a Nigerian open banking infrastructure provider, in an all-stock transaction. Mono, founded in 2020 and headquartered in Lagos, was to continue operating independently following the acquisition, which followed a partnership between the two companies dating back to 2021; financial terms were not formally disclosed.{{Cite web |title=Flutterwave acquires Nigerian open banking provider Mono |url=https://www.fintechfutures.com/m-a/flutterwave-acquires-nigerian-open-banking-provider-mono |access-date=2026-01-06 |website=FinTech Futures |language=en}} Flutterwave also announced it has partnered with blockchain infrastructure provider Turnkey and artificial intelligence-powered global banking platform Nuvion to launch stablecoin balances for merchants and users across its platform.{{Cite web |last=Kareem |first=Opeyemi |date=2026-01-22 |title=Flutterwave taps Turnkey to launch stablecoin wallets for merchants |url=https://techcabal.com/2026/01/22/flutterwave-partners-turnkey-to-launch-stablecoin-wallets/ |access-date=2026-01-22 |website=TechCabal |language=en-US}} |
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In April 2026, Flutterwave received a national microlender license from the [[Central Bank of Nigeria]], allowing it to offer bank accounts, hold customer deposits, and extend credit directly to customers in Nigeria. The services had previously been provided through Flutterwave's partner banks.{{Cite web|url=https://www.bloomberg.com/news/articles/2026-04-02/flutterwave-wins-license-to-operate-as-a-microlender-in-nigeria|title=Flutterwave Wins License to Operate as a Microlender in Nigeria|date=2026-04-02|website=Bloomberg|access-date=2026-04-22}} |
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== Awards and recognitions == |
== Awards and recognitions == |
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