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<\/div>\nUber<\/a> reportedly will partner<\/a> with FinTech Flutterwave to offer Uber Cash, a digital wallet feature, in Africa.<\/p>\n Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million<\/a> last year in venture funding, including from Worldpay<\/a>. In April, Flutterwave launched an online portal<\/a> that will enable African businesses to set up online shops.<\/p>\n At the heart of Flutterwave is its online payments business. Uber plans to benefit from Flutterwave’s “remittance partners” in Africa.<\/p>\n The new partnership will let Uber riders “top up Uber wallets,” TechCrunch reported. Uber Cash will be available this week, or next, the ride-hailing giant’s business in in South Africa, Kenya,<\/strong> Nigeria, Uganda and Ghana, Ivory Coast and Tanzania.<\/p>\n In addition, Uber Cash in Africa will also accept transfers from Flutterwave’s Barter payment app, launched with Visa in 2019.<\/p>\n Alon Lits<\/a>, Uber’s general manager for Sub-Saharan Africa, said that, “depending on the country, you’ve got different top up methods available. For example in Nigeria you can use your Verve Card or mobile money.”<\/p>\n Lits said that Uber, for the most part, continued to operate in Sub-Saharan Africa during the COVID-19 crisis. However, government rules shut the company down in Uganda and Lagos, Nigeria.<\/p>\n On the other hand, he said, there has been a significant drop in actual ridership. To deal with the coronavirus pandemic, he said, drivers and riders are now required to wear masks.<\/p>\n “We’re actually leveraging facial recognition technology to check that drivers are wearing masks before they go,” said Lits.<\/p>\n For its part, Flutterwave has hooked up with Chinese Alibaba’s Alipay to facilitate digital payments between Africa and China.<\/p>\n Flutterwave is also using its partnerships with WorldPay and Visa<\/a>. Flutterwave plans to serve as the African payment provider for WorldPay’s clients, with the ability to issue physical and virtual credit cards and to process payments.<\/p>\n Tags:<\/b> Pymnts<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"See Campaign: <\/strong>https:\/\/www.pymnts.com\/news\/investment-tracker\/2020\/flutterwave-funding-worldpay-africa-partner\/<\/a>
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Uber reportedly will partner with FinTech Flutterwave to offer Uber Cash, a digital wallet feature, in Africa. Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million last year in venture funding, including from Worldpay. In April, Flutterwave launched an online portal that will enable African businesses to set up online shops. At the heart … Continue reading Uber Cash Onboard With Flutterwave In Africa<\/span><\/a> Continue Reading