African paytech, Flutterwave has completed its next major milestone as it announces a new partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).
SMEDAN is a Nigerian agency that works towards assisting small and medium scale enterprises to overcome poor infrastructure in the management of business operations. With both companies aligning on their goals of improving the small and medium business (SME) sector in Nigeria, the new partnership will provide firms with secure digital storefronts and payment solutions. In turn, this will enable them to accept payments from customers worldwide through mobile wallets, card payments and bank transfers.
Olugbenga “GB’ Agboola, founder and CEO of Flutterwave
Speaking on the partnership, Olugbenga ‘GB’ Agboola, founder and CEO of Flutterwave, emphasised the company’s dedication to empowering Nigerian businesses: “As a business with Nigerian roots, we understand the challenges that small businesses face daily.
“That’s why we are honoured to partner with SMEDAN in ensuring small businesses have access to the best payment and e-commerce solutions to scale their businesses. This partnership reflects our continued commitment to keeping the lights on for small businesses and ensuring they have the financial tools they need to succeed in today’s digital economy.”
The partnership builds on Flutterwave’s current payment offerings in the country, which include:
the Flutterwave Store
small business grants
annual trade fairs
the ‘Keeping the Lights On’ campaign, which has helped thousands of businesses stay operational despite economic challenges
Bolstering Nigeria’s economic developments
With Nigeria’s small businesses forming the backbone of the economy, this collaboration leverages the strengths of both organisations — Flutterwave’s expertise in fintech and SMEDAN’s deep-rooted network within the MSME ecosystem — to create sustainable solutions that drive long-term business success.
Charles Odii, director-general and CEO of SMEDAN
Through this partnership, Flutterwave and SMEDAN reaffirm their commitment to empowering small businesses, promoting financial inclusion, and driving Nigeria’s economic development in the digital age.
On his part, Charles Odii, director-general and CEO of SMEDAN expressed confidence in Flutterwave’s capabilities to drive meaningful impact; “One of the biggest challenges MSMEs face is access — to digital tools, financial resources, and training that can help them scale. With Flutterwave as our partner, we are assured that we have a solid ally in our corner, providing Nigerian businesses with innovative and tailored solutions that will enable them to compete effectively on a global scale.”
The post Supporting the Backbone of the Nigerian Economy: Flutterwave and SMEDAN Announce Partnership appeared first on The Fintech Times.
