SunFintech has partnered with African payments technology company Flutterwave to strengthen cross-border payments, foreign exchange liquidity and treasury management across the continent as demand for digital commerce continues to grow.
The partnership integrates Flutterwaves pan-African payment infrastructure into SunFintechs platform, enabling the company to offer faster settlement, multi-currency payment capabilities and improved cross-border transaction services for businesses operating across African markets.
According to SunFintech, the rapid expansion of digital commerce in Africa has elevated cross-border payments and foreign exchange liquidity from back-office functions to critical drivers of economic growth. The company said efficient payment systems play a key role in enabling businesses to scale, reducing the cost of regional trade and ensuring remittances reach beneficiaries more quickly.