Flutterwave, Africa’s leading payments company, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide small business owners with innovative digital payment solutions, e-commerce tools, financial access, and capacity-building programs.
This collaboration marks a significant step forward in Flutterwave’s ongoing mission to support and sustain small businesses, a commitment the company has consistently demonstrated through initiatives like the Flutterwave Store, small business grants, annual trade fairs, and the ‘Keeping the Lights On’ campaign. These programs have been instrumental in helping thousands of businesses remain operational despite challenging economic conditions.
In alignment with SMEDAN’s Grow Nigerian initiative, this partnership will enable Micro, Small, and Medium Enterprises (MSMEs) to create seamless and secure digital storefronts, and integrate robust payment solutions. This will allow businesses to accept payments globally through mobile wallets, card payments, and bank transfers.
Olugbenga Agboola, Founder and CEO of Flutterwave, shared his thoughts on the partnership, emphasizing the company’s deep understanding of the challenges small businesses face. “As a business with Nigerian roots, we are committed to helping small businesses overcome the hurdles they encounter daily. Partnering with SMEDAN allows us to provide the best digital payment and e-commerce tools for businesses to scale and succeed.”
He further emphasized Flutterwave’s dedication to supporting the growth of Nigerian businesses: “This partnership is another testament to our commitment to keeping the lights on for small businesses and ensuring they have the financial tools and support they need to thrive in today’s digital economy.”
Charles Odii, Director-General and CEO of SMEDAN, expressed confidence in Flutterwave’s ability to make a lasting impact. “One of the biggest challenges MSMEs face is access to the digital tools, financial resources, and training they need to scale their businesses effectively. With Flutterwave as our partner, we are confident that Nigerian businesses will gain access to innovative solutions that will empower them to compete on a global scale.”
With Nigeria’s small businesses playing a crucial role in the country’s economy, this partnership combines Flutterwave’s fintech expertise with SMEDAN’s vast network within the MSME ecosystem to deliver sustainable solutions for long-term success.
Through this collaboration, Flutterwave and SMEDAN reaffirm their shared mission to empower small businesses, promote financial inclusion, and contribute to Nigeria’s economic development in the digital age.