Flutterwave, Africa’s largest payments startup, has tapped payments-focused blockchain network Tempo to expand its stablecoin payments infrastructure, eight months after announcing a similar partnership with Polygon.
The partnership, announced on Thursday at Money20/20 Europe in Amsterdam, the Netherlands, will see Flutterwave integrate Tempo as a settlement layer for stablecoin transactions across its consumer remittance product, Send App, and its enterprise payments platform, Flutterwave for Business (F4B).
Once deployed, the integration will support wallet-to-wallet transfers using dollar-backed stablecoins USDC and USDT, enabling individuals and businesses to move money across borders through digital currencies.
The partnership is the latest signal that African fintechs are increasingly building stablecoin-based payment infrastructure to reduce the cost and complexity of cross-border transactions. In May, Nigerian fintech Paga partnered with US-based blockchain network Sui to build infrastructure for stablecoin payments and tokenised assets.
Flutterwave’s move also reflects a broader shift among fintechs from consumer-focused crypto products toward enterprise payment infrastructure. Companies such as Yellow Card and Grey are already building stablecoin capabilities for businesses, either by partnering directly with blockchain networks or tapping infrastructure providers to power cross-border settlements.
