African payments technology company, Flutterwave, has been named Africa’s Best Payments Infrastructure Provider at the Euromoney Transaction Banking Awards 2026.
The recognition highlights the company’s role in developing payments infrastructure that enables businesses to conduct cross-border transactions and participate in the global economy.
The award, presented by international financial publication Euromoney, recognises excellence across the global transaction banking and payments industry.
The recognition comes as Flutterwave marks its 10th anniversary, having been founded in 2016 to simplify payments, connect financial markets and support business growth across Africa and beyond.
Since its establishment, the company has focused on connecting local payment methods, banking networks and international payment systems through a single platform, enabling businesses to accept payments, reach new customers and expand across borders.
Flutterwave said it had grown into a financial technology platform serving approximately four million individuals and businesses, ranging from small and medium-sized enterprises to multinational organisations.
The company has also processed more than one billion transactions valued at over $50bn, reflecting the scale of its operations and demand for interoperable financial infrastructure across the continent.
Commenting on the recognition, the Founder and Chief Executive Officer of Flutterwave, Olugbenga Agboola, said the award was particularly significant as the company celebrated a decade of operations.
“Being recognised by Euromoney as Africa’s Best Payments Infrastructure Provider is a proud moment for everyone at Flutterwave, particularly as we celebrate our tenth anniversary. When we started Flutterwave in 2016, our ambition was to make it easier for African businesses to move money and participate in the global economy,” he said.
Agboola said the company had, over the past decade, developed infrastructure supporting millions of businesses and connecting African markets to the rest of the world.
He added that the recognition reflected the contributions of the company’s workforce, customers and business partners.
According to him, Flutterwave is expanding beyond payments to develop a broader financial infrastructure incorporating payments, banking, stablecoin capabilities and other financial services.
“There is still significant work to be done to make payments across Africa simpler, faster, and more accessible. This is why we are continuing to evolve beyond payments, building a more comprehensive financial infrastructure that brings together payments, banking, stablecoin capabilities and other financial services to help businesses and individuals move, manage and access money more efficiently,” he said.
The company said its expansion strategy had been reinforced by the acquisition of open banking company Mono and the securing of a Nigerian Microfinance Banking Licence, which it described as important steps towards integrating payments, banking and financial data capabilities.
Flutterwave is also developing stablecoin-powered payment and settlement infrastructure, with strategic investments from Ripple and Circle supporting its ambitions in digital asset infrastructure.
The initiatives are aimed at improving cross-border money transfers and settlements while complementing existing traditional payment networks.
The company is equally expanding its multicurrency capabilities to enable businesses to manage international collections and payments while serving customers across different markets.
Earlier in 2026, Flutterwave was recognised by CNBC and Statista as one of the world’s top 250 fintech companies, while Agboola was named among the Top 100 Fintech Leaders by Fintech Magazine.
As it enters its second decade, the company said it would continue developing an integrated financial services platform combining payments, banking, multicurrency capabilities and stablecoin-powered infrastructure to support businesses and individuals across Africa and the global economy.
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