Flutterwave has appointed Guo Songmei as regional vp of gross sales and partnerships for Larger China and Asia, because the Nigerian-founded bills corporate seeks to enlarge cross-border transactions between Asian companies and African markets.
Songmei will likely be primarily based in Shenzhen, China, and Hong Kong, the place she’s going to lead business enlargement, increase cost partnerships and fortify monetary hyperlinks between the 2 areas, Flutterwave stated in a commentary.
The appointment comes as the corporate marks its tenth anniversary and seeks to extend its proportion of trade-related bills between Asia and Africa, the place companies face demanding situations involving foreign-exchange prices, more than one currencies and agreement delays.
Flutterwave stated firms in East Asia processed just about $1 billion in transactions via its platform within the first part of 2025 whilst serving shoppers in Africa, highlighting call for for cost infrastructure supporting commerce between the areas.
In her new function, Songmei will oversee efforts to enlarge undertaking cost services and products, together with multi-currency accounts, native payout networks and compliant agreement answers throughout greater than 30 African markets.
She brings greater than twenty years of enjoy in company and business banking throughout Africa, Larger China and Asia, with a background in development China-focused banking companies and growing cross-border financing preparations.
Earlier than becoming a member of Flutterwave, she served as govt director for Larger China gross sales and industry construction at a data era software-as-a-service and cost orchestration corporate in Malaysia. She led marketplace access, undertaking service provider acquisition and distribution partnerships with authorized non-bank cost suppliers.
Her earlier roles come with organising China Trade franchises at Stanbic IBTC and Get right of entry to Financial institution in Nigeria, the place she helped facilitate cumulative cross-border transactions drawing near $1 billion and structured supply-chain and infrastructure financing.
She additionally controlled Chinese language company relationships throughout West Africa for Usual Chartered Financial institution in Ghana and held senior company banking positions at HSBC in China and OCBC Financial institution in Malaysia and Singapore.
Flutterwave founder and Leader Government Officer Olugbenga Agboola, stated the appointment would beef up the corporate’s efforts to enlarge the cost channels connecting global commerce with African markets.
The corporate’s technique comprises offering cost infrastructure that allows Asian enterprises to assemble bills, make native disbursements and settle transactions throughout African markets.
Songmei stated companies increasing between Asia and Africa wanted dependable cost programs that cut back currency-related friction and enhance the predictability of foreign-exchange and agreement processes.
She stated she would paintings with Flutterwave’s world groups and institutional companions to enlarge the corporate’s undertaking cost services and products and beef up cross-border commerce.
The appointment follows Flutterwave’s fresh appointment of Morounke Olufemi as world leader monetary officer, as the corporate continues to fortify its govt management and operational governance.
Flutterwave operates in 34 African nations and offers cost services and products for native and global companies via a unmarried utility programming interface. The corporate stated it has processed a couple of billion transactions value over $50 billion.
Its services and products come with card bills, financial institution transfers, cellular wallets and global transfers via Ship App, its remittance product for bills from the diaspora to African nations.
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