Flutterwave, an African payments technology company, has announced a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium enterprises (MSMEs) across the nation with digital payment solutions, e-commerce tools, financial access, and capacity-building programs.
The company said this partnership marks a significant milestone in its mission to support small businesses and keep their businesses thriving, a commitment the company has demonstrated through initiatives such as the Flutterwave Store, small business grants, annual trade fairs, and the ‘Keeping the Lights On’ campaign, which has helped thousands of businesses stay operational despite economic challenges.
Under this partnership, and in line with SMEDAN’s Grow Nigerian initiative, Flutterwave and SMEDAN will collaborate to provide MSMEs with secure digital storefronts, payment solutions, enabling them to accept payments from customers worldwide through mobile wallets, card payments and bank transfers.
“As a business with Nigerian roots, we understand the challenges that small businesses face daily,” said Olugbenga ‘GB’ Agboola, founder and CEO of Flutterwave. “That’s why we are honoured to partner with SMEDAN in ensuring small businesses have access to the best payment and e-commerce solutions to scale their businesses. This partnership reflects our continued commitment to keeping the lights on for small businesses and ensuring they have the financial tools they need to succeed in today’s digital economy.”
“One of the biggest challenges MSMEs face is access — to digital tools, financial resources, and training that can help them scale,” added SMEDAN CEO and director general Charles Odii. “With Flutterwave as our partner, we are assured that we have a solid ally in our corner, providing Nigerian businesses with innovative and tailored solutions that will enable them to compete effectively on a global scale.”
With Nigeria’s small businesses forming the backbone of the economy, this collaboration leverages Flutterwave’s expertise in fintech and SMEDAN’s network within the MSME ecosystem to create sustainable solutions that drive long-term business success.