Flutterwave strengthens GBP and EUR payment flows with Clear Junction
How Clear Junction supported faster EUR settlement, GBP and EUR virtual IBANs, and more efficient cross-border fund management for African merchants.
Overview
As businesses and consumers move more money between Africa, the UK and Europe, payment providers need infrastructure that can support fast settlement, clear reconciliation and reliable access to GBP and EUR payment capabilities.
Flutterwave, one of Africa’s leading payments technology companies, partnered with Clear Junction to strengthen cross-border payment flows for merchants and customers operating across these corridors.
Through Clear Junction’s infrastructure, Flutterwave has expanded its GBP and EUR virtual IBAN and payout capabilities, improved EUR settlement speed through SEPA Instant, and created clearer processes for managing cross-border funds.
Flutterwave has processed more than 1 billion transactions worth over USD 40 billion and supports businesses including Uber, Air Peace, Bamboo and PiggyVest. Central to its customer segment is Send App by Flutterwave, a flagship remittance solution that leverages the company’s high-performance infrastructure to provide diaspora communities with fast and reliable money transfers into African countries.
As Flutterwave’s cross-border requirements continued to grow, the company needed an infrastructure partner that could support scale, operational clarity and a compliance-first approach across complex payment corridors.
The challenge
To maintain its competitive edge and support an increasingly sophisticated merchant base, Flutterwave sought to further optimize its cross-border payment architecture. The goal was to evolve beyond standard settlement cycles and move toward a more bespoke infrastructure that addresses:
- Slow settlement times
- Reconciliation complexity linked to shared accounts
- Limited ability to hold and manage EUR and GBP efficiently
For merchants trading internationally, addressing these areas was critical to ensuring immediate fund availability and seamless transaction matching. By prioritizing these optimizations, Flutterwave aimed to eliminate the friction typically associated with managing GBP and EUR balances efficiently for merchants across diverse markets.
Why Flutterwave chose Clear Junction
Flutterwave selected Clear Junction for its technical capability, access tо key payment infrastructure, and deep risk and compliance expertise іn supporting regulated institutions across complex cross-border flows.
In corridors where scrutiny іs high and operational discipline matters, Clear Junction offered the combination Flutterwave needed: access tо Faster Payments іn the UK and SEPA іn Europe, under a compliance-first operating model designed around transparent fund flows, strong controls and clear governance. This perfectly complements Flutterwave’s own regulatory milestones and reinforces its commitment to building a globally licensed and regulated ecosystem.
The solution
Flutterwave currently uses Clear Junction for:
- virtual IBANs in GBP and EUR
- payouts in GBP and EUR
- Confirmation of Payee
The project took around six months, including onboarding.
Flutterwave said “implementation progressed efficiently, with technical, compliance and operations teams getting up to speed quickly through Clear Junction’s well-documented API and close support from the engineering and client relationship teams.”
The impact
The partnership has delivered operational and customer benefits across settlement speed, payment infrastructure and cross-border fund management.
Faster EUR settlement
Flutterwave has integrated SEPA Instant to process EUR deposits in real time, helping deliver a faster settlement experience for users.
Stronger GBP and EUR payment infrastructure
By working with Clear Junction, Flutterwave has strengthened the infrastructure supporting its GBP and EUR payment flows, creating a stronger foundation for ongoing payout activity across both currencies.
Demonstrated transaction activity
The impact іs also reflected іn sustained transaction activity. Over an approximately six-month reviewed period, Clear Junction-supported GBP flows processed around £6 million іn value, with EUR activity continuing tо build across the same timeframe. This gives Flutterwave a clearer basis for monitoring GBP and EUR corridors by transaction activity, processed value and currency, while supporting stronger oversight оf cross-border flows between Africa, the UK and Europe.
Better cross-border fund management
By issuing GBP and EUR virtual IBANs, Flutterwave can give Nigerian merchants clearer account identifiers for collections and payments, helping reduce reconciliation friction and giving businesses a more structured way to manage cross-border funds.
Optimising Remittances via Send App
A critical component of this partnership is the enhancement of the Send App by Flutterwave. By utilising Clear Junction’s direct access to Faster Payments in the UK, Send App has significantly reduced transfer times for diaspora communities. This has directly resulted in positive user feedback, with customers citing the speed of GBP-to-Africa transfers as a primary reason for their loyalty to the platform.
What’s next
Flutterwave has extended the partnership into new areas to enable the fiat stack for its stablecoin infrastructure.
This reflects Flutterwave’s wider focus on expanding global financial connectivity and developing payment infrastructure that supports more efficient cross-border movement between Africa and international markets.
“Ensuring that all Flutterwave customers, from those using Send App for personal remittances to global merchants managing complex treasury needs, have seamless access to global payment corridors, is a priority for us. Clear Junction has helped us strengthen the infrastructure behind our GBP and EUR flows, giving us faster EUR settlement through SEPA Instant, clearer fund-management capabilities through virtual IBANs, and reliable support for GBP transfers. This partnership supports our ability to serve our customers moving funds between Africa, the UK, and Europe with greater efficiency and confidence, while enabling the fiat stack for our stablecoin infrastructure.” Nkem Abuah, Lead, GEPP ROW, Remittances & Stablecoin Partnerships, Flutterwave.
