Flutterwave, Only Africa-Focused Company To Make CNBC’s 2024 Disruptor 50 List

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The CNBC Disruptor 50 list is for spotlighting private enterprises that shake up traditional industries and chase substantial opportunities.

This recognition underscores its innovation and expansion, achieved amidst challenging market conditions and economic downturns. The list features 50 companies with 39 of those companies having a majority of their operations and market in the US. Other 11 other companies in the list either have shared operations between the US and other countries or are based in France, the UK, Australia, Canada, Mexico, Sweden, and Israel.

CityBlock, the healthcare technology provider based in Brooklyn, US, with an American-born Nigerian CEO, Toyin Ajayi, also made the list. Flutterwave, Africa’s largest payment processor, made the list in 2021 at 21st and has since moved up 7 places to 14th in 2024. AI companies dominated the Disruptor 2024 list as OpenAI, became the first company to maintain a first position in concurrent years.

Further solidifying its position as a leader in the industry, Flutterwave has expanded its collaboration with Air Peace, Nigeria’s leading airline, serving as the trusted payment partner of choice, cementing its role as the preferred partner for Air Peace’s flagship Lagos to London routes. Earlier in 2023, Flutterwave collaborated with IATA, the global airlines alliance as a payment’s provider for Africa.

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