Flutterwave, a leading African payments technology company, has partnered with Microsoft to build its next-generation payments platform on Microsoft Azure. The partnership will power payments infrastructure across the African continent and beyond, and will help Flutterwave to accelerate its growth and innovation.
Flutterwave is a unicorn company that has processed over $10 billion in payments for businesses and individuals across Africa. The company’s platform provides a single point of integration for businesses to accept payments from customers in Africa and around the world.
Microsoft Azure is a leading cloud computing platform that offers a wide range of services, including computing, storage, networking, and artificial intelligence. The partnership with Microsoft will give Flutterwave access to Azure’s global infrastructure and capabilities, which will help the company to scale its platform and meet the growing demand for payments in Africa.
The partnership will also enable Flutterwave to use Azure’s artificial intelligence and machine learning capabilities to improve its payments platform. For example, Azure’s Cognitive Services can be used to detect fraud and identify suspicious transactions.
Benefits of the Partnership
The partnership between Flutterwave and Microsoft will provide a number of benefits for both companies, including:
- Increased scalability: Azure’s global infrastructure will allow Flutterwave to scale its platform to meet the growing demand for payments in Africa.
- Improved security: Azure’s security features will help Flutterwave to protect its platform from fraud and other security threats.
- Accelerated innovation: Azure’s AI and machine learning capabilities will help Flutterwave to improve its payments platform and offer new features and services to its customers.
- Increased reach: The partnership will give Flutterwave access to Microsoft’s global customer base, which will help the company to expand its reach and grow its business.
Impact on the African Payments Market
The partnership between Flutterwave and Microsoft is a major development for the African payments market. The partnership will help to accelerate the growth of the African payments market and make it easier for businesses and individuals to make and receive payments across Africa.
The partnership will also help to improve the security of payments in Africa. Azure’s security features will help Flutterwave protect its platform from fraud and other security threats. This will help to create a more secure environment for businesses and individuals to make and receive payments in Africa.
Overall, the partnership between Flutterwave and Microsoft is a positive development for the African payments market. The partnership will help to accelerate the growth of the market, improve the security of payments, and make it easier for businesses and individuals to make and receive payments across Africa.
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