Flutterwave expands Xoom transfers into Nigeria

Flutterwave has partnered with Xoom (PayPal's money transfer service) to enable faster international remittances into Nigeria, connecting Xoom's global network with Flutterwave's local payout infrastructure and banking partnerships. The partnership addresses foreign exchange constraints and settlement delays in a market that receives over $20 billion in annual remittances. PayPal just moved from being a remittance competitor to a customer of Flutterwave's rails. If you're building payout infrastructure in Africa, you now have a direct route to acquire volume from a $400bn+ company's remittance users.