Flutterwave, Africa’s leading payments infrastructure provider, has partnered with Polygon PoS—the premier blockchain network for payments and Real World Assets (RWA)—to revolutionize cross-border transactions across the continent. The collaboration positions Polygon as the default blockchain for Flutterwave’s new cross-border payments product, unlocking faster, cheaper, and more efficient financial flows across Africa and beyond.
The partnership marks a significant milestone for both companies, as Flutterwave, which has processed over $40 billion in transaction volume to date, integrates Polygon’s high-performance blockchain infrastructure to streamline settlement processes for businesses and individuals. The rollout begins in 2025 with a pilot for select Flutterwave for Business customers, before expanding to all Flutterwave for Business and Send App users in 2026.
According to Marc Boiron, CEO of Polygon Labs, stablecoins on Polygon can reduce settlement times from days to seconds while cutting transaction costs to mere pennies. This innovation offers a game-changing solution to the longstanding inefficiencies in cross-border payments, where high fees and slow processing times have hindered economic growth, especially in emerging markets.
Flutterwave CEO and Founder, Olugbenga “GB” Agboola, emphasized that the partnership is a critical step toward simplifying international payments for African enterprises. By leveraging Polygon’s scalability and efficiency, Flutterwave aims to make global transactions even more affordable and accessible than many local alternatives. The first phase will focus on enterprise clients, followed by expansion into consumer remittances through Flutterwave’s Send App—bringing instant, affordable transfers to millions of users.
This partnership represents a blueprint for blockchain-powered financial inclusion in Africa. It addresses the pressing challenges of the $2 trillion global cross-border payments market, where emerging economies often face transaction fees exceeding 8%. By combining Flutterwave’s extensive reach in over 30 African countries with Polygon’s low-cost, near-instant infrastructure, the collaboration sets a new benchmark for innovation, accessibility, and efficiency in global payments.
