Flutterwave, Africa’s leading payments technology company, has entered a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium enterprises (MSMEs) across the country with digital payment solutions, e-commerce tools, financial access, and capacity-building programs. This collaboration is designed to help small businesses thrive by equipping them with secure digital storefronts and seamless payment options, allowing them to accept payments from customers worldwide through mobile wallets, card payments, and bank transfers.
Flutterwave has consistently demonstrated its commitment to supporting small businesses through initiatives such as the Flutterwave Store, small business grants, annual trade fairs, and the ‘Keeping the Lights On’ campaign, which has helped businesses remain operational despite economic challenges. Speaking on the partnership, Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, emphasized the company’s dedication to empowering Nigerian entrepreneurs. He noted that, as a business with Nigerian roots, Flutterwave understands the daily struggles of small businesses and is honored to work with SMEDAN to provide them with the best payment and e-commerce solutions. He described the partnership as a reflection of Flutterwave’s ongoing mission to ensure small businesses have the financial tools they need to succeed in today’s digital economy.
Charles Odii, Director-General and CEO of SMEDAN, highlighted the importance of the collaboration in addressing one of the biggest challenges MSMEs face: access to digital tools, financial resources, and training necessary for growth. He expressed confidence in Flutterwave’s ability to provide Nigerian businesses with innovative and tailored solutions that would enable them to compete effectively on a global scale.
With MSMEs serving as the backbone of Nigeria’s economy, the partnership between Flutterwave and SMEDAN leverages the strengths of both organizations—Flutterwave’s expertise in fintech and SMEDAN’s extensive network within the MSME sector—to create sustainable solutions for long-term business success. By working together, both organizations reaffirm their commitment to financial inclusion, economic development, and ensuring Nigerian businesses thrive in an increasingly digital world.