May 4

African Fintech Firm Flutterwave launches SME E-Commerce Portal

By Jake Bright

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave  Store, a portal for African merchants to create digital shops to sell online.

The product is less Amazon  and more eBay — with no inventory or warehouse requirements. Flutterwave insists the move doesn’t represent any shift away from its core payments business.

The company accelerated the development of Flutterwave Store in response to COVID-19, which has brought restrictive measures to SMEs and traders operating in Africa’s largest economies.

Photo courtesy of rawpixel.

Source: TechCrunch (link opens in a new window)

e-commerce, fintech, startups