Flutterwave has promoted more than 100 employees across its global workforce and introduced new employee support initiatives as the company celebrates its tenth year of operations.

The promotions affect approximately 25% of Flutterwave’s workforce worldwide and are accompanied by cost-of-living adjustments, tax support for employees in Nigeria, and a one-time economic relief payment for staff globally.

The move comes as many fintech companies across Africa continue to focus on operational efficiency and cost management. For Flutterwave, the initiative reflects a commitment to rewarding performance, strengthening employee retention, and investing in long-term growth.

“I often say our people are our secret sauce,” said Olugbenga Agboola, Founder and CEO of Flutterwave. “They are the ultimate engine behind everything we build, giving us the capacity to create solutions that power businesses, unlock opportunities, and move money seamlessly across Africa and beyond.”

Founded in 2016, Flutterwave has grown from a payments company into a broader financial services platform serving businesses and consumers across Africa and beyond. Over the years, the company has expanded into remittances, consumer financial services, and banking infrastructure.

In April, Flutterwave strengthened its financial services offering after securing approval to acquire a Nigerian microfinance banking licence, providing it with a regulated banking vehicle in its home market.

The company says it has processed more than one billion transactions and facilitated over $40 billion in total payment value since launch.

“Our goal has always been to build an environment where our people can focus on doing their best work, rather than being weighed down by economic anxiety,” said Annette Akpolo, Flutterwave’s Head of People and Culture. “Pairing merit-based individual growth with supporting the collective needs of the whole team is an essential part of how we build a company culture where people genuinely want to stay and grow over the long term.”

Flutterwave also reported significant growth across local payment channels over the past year, with wallet-based collections increasing by 289% in transaction volume and bank transfer value rising by 184%, highlighting growing adoption of local payment methods across its markets.

The announcement adds to an active year for the fintech company. In January, Flutterwave completed the acquisition of Mono, a Nigerian open banking startup, strengthening its financial data infrastructure and enhancing its account-to-account payment capabilities.

As it enters its second decade, Flutterwave says it remains focused on scaling its operations, supporting its workforce, and building financial infrastructure that enables businesses and individuals to thrive across Africa.