SINGAPORE, November 12, 2025 — FinFan, a fintech company specializing in comprehensive cross-border remittance technology solutions, with a robust technology platform and deep connectivity to Vietnam's financial institutions and banks, today announced a partnership with Flutterwave, Africa’s leading financial technology company providing payment infrastructure, have officially signed a Memorandum of Understanding (MoU) to establish a potential partnership aimed at enhancing cross-border payments and remittances between Vietnam and Africa.

This partnership seeks to address longstanding bottlenecks in international money transfers — from high transaction costs to processing delays — by combining FinFan’s digital financial ecosystem and regulatory compliance capabilities in Vietnam with Flutterwave’s advanced financial technology infrastructure and extensive payment network across Africa. Together, both parties aim to deliver faster, more transparent, and more accessible digital transactions for users.

Dr. Nguyen Tuyen, Founder/CEO of FinFan, shared: “Today marks an important milestone in our journey to fulfill our mission — enabling cross-border money movement to be faster, safer, and more cost-efficient. Building upon our foundational platform of deep connectivity with Vietnamese banks and financial institutions, our collaboration with Flutterwave opens up a significant payment corridor, directly connecting Vietnam with one of the world’s most dynamic emerging regions — Africa.”

Tobiloba Akindobe, Vice President of Flutterwave, stated: “Africa and Asia are major trading partners, yet the payment infrastructure connecting the two continents remains highly fragmented. We are excited to partner with FinFan, an organization with deep market expertise, strong regulatory foundations and deep domestic connectivity and partner integration in Vietnam. Together, we will simplify payments and empower businesses and individuals across both continents to grow.”

The MoU focuses on three key objectives:

1. Bi-directional Remittance Support: Establishing smooth and efficient money transfer channels for remittances between both regions.
2. Accelerated Payments for Vietnamese Exporters: Enabling Vietnamese exporters to receive payments from Africa more quickly and reliably.
3. African Currency Collection and Liquidity: Facilitating the collection and management of various African currencies to support cross-border transactions.

This potential partnership lays the foundation for a trustworthy, connected, and inclusive financial ecosystem — one that enhances trade efficiency, optimizes cash flow, and strengthens the presence of Vietnam and Africa within the global digital economy. Partners seeking to modernize cross-border money transfer infrastructure are invited to connect for further discussions on implementation pathways and potential fit.

About FinFan

FinFan is a licensed fintech company regulated by the State Bank of Vietnam. With strong capabilities in compliance, banking connectivity, and transaction processing, FinFan acts as a bridge between global financial innovation and Vietnam’s banking ecosystem.

FinFan’s mission is to deliver faster, safer, and more transparent international transactions for financial institutions through a reliable, efficient, and regulation-aligned digital financial ecosystem.

About Flutterwave

Flutterwave is Africa's leading non-bank payment platform, enabling collections across the continent (Cards, 300+ APMs, Mobile Money, and Virtual Accounts) with strong infrastructure in key African nations and the UAE. Series D funded and highly licensed, it ensures compliance, liquidity, and competitive rates via its proprietary, direct, 1-API connection.