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Binance P2P Adds Flutterwave As New African Payment Option

Binance P2P has added a new string of payment methods for buying and selling crypto across different markets in Africa.

The addition of new payment methods now offers traders in these jurisdictions more payment methods to enable them trade more efficiently across these jurisdictions.

Below are the new payment methods:

Below are the fiat currencies and countries where the above payment methods are available for:

  • Nigerian Naira (NGN)
  • Ghanaian Cedis (GHS)
  • Kenyan Shillings (KES)
  • South African Rand (ZAR)

Back in 2018, Flutterwave joined RippleNet and uses the xCurrent software solution.  The Nigerian Fintech startup Flutterwave collected 20 million dollars in the first financing rounds. Investors included the Ycombinator Continuity Fund, the Greycroft Venture FundGreen Visor Capital and Glynn Capital.

The partnership between Ripple and Flutterwave plans to use Flutterwave’s core API and Ripples software solution xCurrent to make it easier for businesses around the world to make payments in P2P, B2B or B2C simply securely and cheaply.

From KingSolmon on Twitter – before Flutterwave removed the blog post, here is a diagram of how this works:

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