Flutterwave has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group.
The investment is an extension of Flutterwave’s involvement in the launch of the Circle Payments Network in 2025, and will support the company’s efforts to embed USDC settlement directly into the payment flows that businesses already use. The integration will allow merchants to accept payments in local currencies while settling in USDC.
Flutterwave said the move is part of its broader strategy to position stablecoins as core financial infrastructure for Africa while maintaining a compliance-first approach that aligns with regulatory requirements and enterprise standards.
“This support from Circle Ventures is about backing the rails that will power the next era of global money movement from Africa,” said Olugbenga “GB” Agboola, Founder and CEO of Flutterwave. “By embedding USDC settlement into our current payments infrastructure, we are building a system that lets businesses move money at the speed of the internet.”
According to Flutterwave, the platform is evolving into a multi-rail payments network that supports fiat currencies, cards, bank transfers and stablecoins. This gives businesses greater flexibility in how they send and receive funds.
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Also Read: Flutterwave Secures Ripple Investment to Push Stablecoin Payments Across Africa