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Portfolio company Flutterwave is expanding into South Africa, its fifth market on the continent. Launched in 2016, Flutterwave builds modern payments technology and infrastructure for Africa enabling banks and merchants to replace multiple payment integrations with one simple API, which enables processing of any form of payment anywhere in Africa.
Having made Uganda its fourth market after Nigeria, Kenya and Ghana last July, Flutterwave is launching in South Africa this month. It will hold the first of a series of Rave’d Up event in Johannesburg on Friday, followed by others in Pretoria and Cape Town, aimed at introducing its flagship product Rave – a single API that allows any business expand to new markets and start accepting payments in the local currency.
