Flutterwave and NoraFirst Partner to Power B2B Trade Payments Between Africa and East Asia

Flutterwave, the main Fintech company in Nigeria, announced a strategic partnership with Norafirst, A East In Asia payments farm Offering cross -border financial services with one -stop shop.

This collaboration aims to unlock B2B trade payments without seam between Africa and East Asia, inaugurating a new era of cross -border trade and connectivity.

Speaking on the partnership, the CEO of Flutterwave Olugbenga Agboola said,

“At Flutterswave, our mission has always been to connect Africa to the world thanks to transparent payments. Today, we are proud to live this mission by associating with Norafirst to unlock B2B commercial payments between Africa and East Asia – fueling the next wave of cross -border trade. ”

Thanks to the robust payment infrastructure of Flutterswave, Norafirst will be able to extend effortlessly in the African markets. Their customers will now gain the possibility of making localized and non -cards cross -border payments, leading global exporters to East Asia with local African companies.

Operating in more than 30 African countries and with an evaluation of more than $ 3 billion, Flutterwave continues to extend its influence in world trade by providing advanced payment solutions beyond borders.

It should be noted that during the last decade, economic relations between sub -Saharan Africa and Asia have developed. In 2021, Asia represented more than 40% of exports and imports from Africa, going beyond Europe as the main trading partner on the continent. China is the first individual country, with commercial volumes reaching 266.3 billion dollars in 2022, an increase of 14.5% in annual shift.

East African trade volumes in Asia already over $ 250 billion per year, this partnership should play an important role in feeding financial rails behind this growth.

For Norafirst, the partnership is aligned with its long -standing commitment to make global trade more accessible, localized and efficient, in particular in high -growth regions such as Africa.

“We are honored to collaborate with Flutterswave”, “ said Dongdong Wang, founder and CEO of Norafirst. “Together, we are going to unlock wider opportunities and manage the next wave of financial innovation in the world trade in Africa.”

Commenting on the partnership, Norafirst wrote via a LinkedIn article,

“At Norafirst, we have spent years deeply anchored in the African financial landscape – constituting the largest network of local reception accounts and leading innovation in cross -border finance. Our mission has always been clear: making global trade more accessible, localized and efficient, especially in high -growth regions like Africa.

This is why we are delighted to announce our partnership with Flutterswave, the main B2B African B2B payment platform and one of the most innovative fintech companies in the world. With operations in more than 30 African countries and a valuation of $ 3 billion +, Flutterswave has built a world -class payment infrastructure which transforms the way money passes through the continent.

“Together, we provide seamless cross -border collection services, located and effective, empowering African commercial companies and punching global exporters with local African markets. We build a future where financial infrastructure makes cross -border trade simple, fast and inclusive. ”

NORAFIRST provides a collection of local currencies, management of exchange rates and other services to traders, cross-border electronic commerce companies and outgoing service providers in emerging markets such as Africa, South-East Asia, Middle East and Latin America, supporting the digital transformation and innovation of companies in their outgoing operations.

Together, Flutterswave and Norafirst are about to revolutionize B2B trade payments – business activation, improvement of efficiency and deepening of Africa’s integration into the global economy.