Flutterwave has secured a strategic investment from Circle Ventures to expand its USDC payments and settlement infrastructure across Africa.
This funding support aligns with Flutterwave’s mission to modernise cross-border money movement on the continent, allowing merchants to collect locally and settle in USDC, reducing delays and costs while enabling near-instant settlement beyond traditional banking hours.
“This support from Circle Ventures is about backing the rails that will power the next era of global money movement from Africa.
“Stablecoins like USDC are no longer an experiment; they are becoming core financial infrastructure. By embedding USDC settlement into our current payments infrastructure, we are building a system that lets businesses move money at the speed of the internet.
“This fundamentally changes how payments from Africa connect to the world, and it positions Flutterwave as the default stablecoin gateway for the continent,” the chief executive of Flutterwave, Mr Olugbenga ‘GB’ Agboola, stated.
Business Post gathered that Flutterwave attracted this investment after its participation in the launch of Circle Payments Network in 2025.
At the core of this investment is Flutterwave’s strategy to position stablecoins as critical financial infrastructure to provide reliable and fast settlements in Africa.
Global stablecoin circulation currently exceeds $300 billion, with Africa emerging as one of the fastest-growing regions for its adoption.
By expanding its platform into a multi-rail payment system that includes fiat, cards, bank transfers and stablecoins, Flutterwave is enabling businesses to choose the fastest, cheapest and most reliable settlement option for their needs.