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Portfolio company Flutterwave and Alipay, Alibaba's digital wallet, announced a partnership that will enable digital payments between Africa and China. Through this partnership, the more than 60,000 merchants on Flutterwave's platform will be able to more easily accept Chinese customer payments.
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“This means that all our merchants can accept or install Alipay as a payment type to accept payments from its billion users,” Flutterwave CEO Olugbenga Agboola — aka GB — told TechCrunch. “There’s a lot of trade between Africa and China and this integration makes it easier for African merchants to accept Chinese customer payments.”
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