Home » Billionaire Gbenga Agboola’s Flutterwave and Audiomack join forces to empower artists with monetization opportunities

Billionaire Gbenga Agboola’s Flutterwave and Audiomack join forces to empower artists with monetization opportunities

by Feyisayo Ajayi
Gbenga Agboola

San Francisco and Lagos-based fintech unicorn, Flutterwave, led by Nigerian tech billionaire Gbenga Agboola, has announced a strategic partnership with Audiomack, the renowned music-streaming platform.

The collaboration between Flutterwave and Audiomack strives to deliver exceptional music experiences, introduce innovative features for customers, and create lucrative monetization prospects for artists throughout the African continent.

With Flutterwave’s extensive operations spanning Nigeria, Kenya, Ghana, South Africa, and various other African countries, complemented by Audiomack’s widespread presence in nearly all 54 African nations, this partnership marks a significant milestone for both companies, propelling them forward.

Through this collaboration, Flutterwave will deliver seamless and secure payment processing capabilities, offering a broader audience across the continent more payment modes like bank transfers, local cards, and mobile money. This move will make Audiomack accessible to a wider user base in Africa.

Agboola, founder and CEO of Flutterwave, expressed his excitement about the partnership, stating: “We are excited to join forces with Audiomack and contribute to the growth of Africa’s music industry.

By leveraging our technology, we will expand the Audiomack user base across Africa while empowering African artists with increased monetization opportunities.”

Dave Macli, co-founder and CEO of Audiomack, echoed Agboola’s sentiment, adding: “We are delighted to partner with Flutterwave to enhance the Audiomack experience for our African users. This collaboration enables us to bring Audiomack to even more people in Africa and gives African artists the tools they need to thrive and monetize their art effectively.”

Agboola’s visionary leadership has propelled Flutterwave to the forefront of the African tech ecosystem.

Since its founding in 2016, Flutterwave has provided unlimited possibilities for customers and businesses in Africa and developing markets, leveraging technology’s rapid adoption.

In a bid to deepen its operations, Flutterwave earlier this year obtained electronic money issuer and remittance licenses from the National Bank of Rwanda.

The licenses will enable the fintech unicorn to expand its reach in East Africa, solidifying its commitment to leading fintech on the continent.

This achievement follows Flutterwave’s recent success in acquiring Payment Services Provider and Payment Facilitator licenses in Egypt, showcasing the company’s dedication to expanding its presence across Africa. 

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