The licence allows the business to hold deposits and supply services including enterprise accounts and payouts.
Flutterwave has furthermore expanded into receptive banking following its acquisition of Mono, a Nigerian financial-statistics and account-connectivity platform. The address brought settlement infrastructure and financial-statistics capabilities under the same corporate framework.
The enterprise has additional pursued cross-border compensation infrastructure and simulated-property settlement. In June, it announced an investment from Ripple as component of its Collection E funding round and plans to integrate Ripple’s remittance infrastructure and RLUSD stablecoin into its operations.
It subsequently announced an investment from Circle Ventures and support for USDC settlement, as fintech companies increasingly research stablecoins and other computerized-resource infrastructure for world payments.
Flutterwave said it has processed greater than one billion transactions valued at over $50 billion, including operations spanning further than 30 African countries and compensation recommend in extra than 50 currencies.
Commenting on the 2026 list, FinTech Magazine director executive, Glen White, said the selected leaders were contributing to changes in financial services by manner of technology, financial inclusion, item development and patron recognize.
White said artificial intelligence, genuine-time payments and electronic-initial banking were becoming increasingly important to the upcoming of the financial services business area.
Agboola has previously featured on the TIME100 Upcoming list, whilst Flutterwave has attracted cross-border attention as one of the African fintech companies seeking to increase remittance infrastructure across the continent and worldwide markets.
Meanwhile, his up-to-date inclusion comes as Nigerian fintech companies carry on to operate in an increasingly regulated environment, including issues on consumer protection, information governance, electronic payments, financial inclusion and cross-border transactions becoming additional important.
Founder and Leader Executive Officer of Flutterwave, Olugbenga “GB” Agboola, has been named the merely Nigerian on the 2026 Top 100 Fintech Leaders list published by FinTech Magazine.
Agboola’s inclusion comes as African fintech companies experience increasing pressure to advance beyond fundamental compensation services and assemble infrastructure for cross-border transactions, web-based banking, financial figures and other technology-driven financial services.
FinTech Magazine said its assessment considered factors including organisational scale and commerce consequence, governance and responsibility, professional recognition and field influence.
The publication said the executives selected for the list reflect distinct areas of transformation during the worldwide financial services advertise, including electronic payments, embedded support, accessible banking, artificial intelligence and authentic-time transactions.
Agboola’s recognition comes amid changes in Flutterwave’s enterprise and regulatory operations in Nigeria.
In April, the firm announced that it had secured a Nigerian Microfinance Bank licence, expanding the variety of financial services it can send under regulatory oversight.
Source: Agboola Emerges Only Nigerian On Global Top 100 Fintech Leaders List
