Flutterwave plans North Africa, Middle East expansion after securing Egyptian licenses

By David Whitehouse

Posted on Wednesday, 1 March 2023 05:52
Patrick Meinhardt/Bloomberg via Getty

Nigerian fintech unicorn Flutterwave plans to use its new Egyptian payments licenses as a springboard for expansion across the Middle East and North Africa (MENA).

Morocco, the United Arab Emirates (UAE), Turkey and Saudi Arabia are all targeted for expansion in “the near future”, regional manager Aalaa Gamal tells The Africa Report. Egypt is a “window for the Middle East and North Africa,” she says.