Flutterwave has officially launched its digital payment services in Cameroon after securing a Payment Service Provider licence from the Central Bank of Central African States (BEAC).

This milestone, achieved through a technical partnership with Ecobank, marks a significant step in Flutterwave’s mission to unify Africa’s fragmented payment infrastructure and expand its footprint across the continent.

The launch in Cameroon strengthens Flutterwave’s presence in Francophone Africa and positions it as a key player in the region’s digital transformation.

Its entry into Cameroon enables businesses, from small local merchants to global corporations, to access a fully compliant digital payment platform. The services support payments via mobile money, cards, and bank transfers, tailored to Cameroon’s growing digital economy.

Small businesses can generate payment links shareable through social platforms like WhatsApp and Instagram, while larger enterprises benefit from robust fraud detection tools, localised support, and seamless cross-border transaction capabilities.

This move aligns with Cameroon’s increasing adoption of digital payments, driven by rising internet penetration and mobile connectivity.

“Cameroon holds a central place in the future of Africa’s digital economy, and we’re proud to play a part in unlocking its potential,” said Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave. “By offering secure, compliant, and accessible payment solutions, we’re creating opportunities for businesses of all sizes to grow and thrive. Our presence here is about long-term partnership, trust, and enabling prosperity across Central Africa.” 

The licence is a strategic win for Flutterwave, as Cameroon’s digital payments market is poised for growth. With increasing mobile penetration and a youthful, tech-savvy population, the country presents a fertile ground for fintech innovation. 

Bode Aregbesola, Senior Vice President for Sales, West Africa, emphasised the company’s understanding of African business needs, noting, “We’ve built our solutions to support that reality, helping everyone from local businesses to international brands accept payments securely and at scale.”

What Flutterwave’s presence means for Cameroon

Flutterwave’s entry into Cameroon is expected to drive financial inclusion by simplifying transactions for businesses and consumers.

For small merchants, the ability to accept digital payments without investing in costly infrastructure is a game-changer. Global companies, such as streaming platforms or e-commerce giants, can now collect payments in local currencies, manage settlements, and issue refunds seamlessly.

The platform’s robust reporting and fraud management tools further enhance trust in digital transactions, which is critical in a region where cybersecurity concerns persist.

However, challenges remain. Cameroon’s regulatory environment is stringent, and compliance is essential for scaling fintech solutions. 

Flutterwave’s partnership with Ecobank and BEAC approval underscores its commitment to regulatory adherence, a model it has replicated across Africa. The move also aligns with broader trends, as African countries like Nigeria, Ghana, and Kenya lead in mobile-first financial services.

Yet, rural areas in Cameroon, where cash remains dominant, may face barriers to digital adoption due to limited internet access and low financial literacy.

Flutterwave’s pan-African reach

Flutterwave’s expansion into Cameroon adds to its extensive network, with payment licences in over 30 African countries and operations in the United States, Europe, and the United Kingdom.

Flutterwave’s infrastructure supports transactions for 1.5 million businesses across 34 countries, processing over 630 million transactions worth $31 billion. 

Below is a list of countries where Flutterwave holds a payment licence, based on available data:

This list reflects Flutterwave’s strategic focus on regulatory compliance and market potential, with recent expansions into Zambia (February 2025) and Ghana (August 2024) highlighting its Pan-African ambitions.