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Friday, June 23, 2023

Flutterwave announces five-year strategic technology agreement with Microsoft

 

Flutterwave, a leading African payments technology company today announced it is working with Microsoft to build its next generation platform on Microsoft Azure, powering payments infrastructure.

This agreement reflects Flutterwave’s commitment to give businesses and individuals access to global-grade services across all of Africa and drive digital transformation around the world.

Flutterwave will support the accelerated growth of transactions processed on Flutterwave platform for global clients like Uber, Netflix, and Microsoft, solidifying Azure’s role in facilitating a seamless, reliable and secure payment experience.

Flutterwave for Business, Send by Flutterwave, Flutterwave Store and Flutterwave for Fintech Platform are being developed and transitioned onto the robust Azure cloud platform.

Moreover, Flutterwave uses Azure OpenAI Service capabilities, enabling the scaling of its product offerings to millions of merchants worldwide.

Founder and CEO of Flutterwave, Olugbenga Agboola said Microsoft has been an invaluable partner, providing a platform that allows us to deliver consistently high-quality services to our clients.

“As we manage high-volume payment processing, particularly during peak periods, the robustness, reliability, and scalability of Microsoft Azure become critical. As such, deepening our collaboration with Microsoft is the most logical step forward for us,” he said.

Flutterwave will continue to drive the transformation of global commerce, taking full advantage of the diverse and expanding range of services offered by Microsoft.

The CTO, Gurbhej Dhillon noted that the company’s development on Microsoft Azure has set a strong foundation for Flutterwave.

“Their platform provides us with significant developer leverage, which we harness in service of our clients. Looking to the future, we’re excited about the possibilities of scaling with Azure OpenAI Service, which will enable us to serve even more merchants worldwide,” he added.

Microsoft Corporation General Manager, Mike Gaal said: “We have proudly supported Flutterwave’s core operations with Microsoft Azure for many years. We are excited to further fuel their growth and innovation through this expanded collaboration.

“Our mission is to empower every person and every organization on the planet to achieve more. Working with Flutterwave will take us a step closer to achieving our mission In Africa.”


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