Fintech Lab
Lesson 4FoundationsBeginner
Provider settlement (T+1)
The difference between earning money and having money.

Yesterday a user deposited ₦10,000 via card. The money has not actually arrived in your bank yet, your provider holds it for one day before settling. Today is settlement day. Flutterwave wires you ₦9,850 (the deposit minus their fee). This is not new revenue. It is an asset converting from 'they owe us' to 'in our bank'.

Fintech Lab is a free, interactive lab for fintech engineers. Real ledger, your own sandbox, engineering patterns from production. See all 85 lessons.

Search lessons

Type to find any of the 85 lessons. Press Enter to open.