Flutterwave
Flutterwave is an African based fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent. The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California with operations in Nigeria, Kenya, Ghana, South Africa and seven other African countries.[1]
| Type | Private |
|---|---|
| Industry | FinTech |
| Founded | 2016 |
Key people | Olugbenga Agboola (CEO) |
| Website | flutterwave |
In 2021, Flutterwave raised a US$170 million Series C funding round.[2] At the time, this was the largest amount ever secured by an African tech startup and gave it a valuation of over US$1 billion,[3] making Flutterwave a unicorn.[1] Investors in Flutterwave include Y-Combinator, Visa Ventures, Mastercard, Avenir Growth Capital and Tiger Global Management.[4]
See also
References
- Tom, Jackson (10 March 2021). "Nigerian payments startup Flutterwave achieves "unicorn" status after $170m funding round". Disrupt Africa. Retrieved 13 March 2021.
- "African payments company Flutterwave raises $170M, now valued at over $1B". Tech Crunch. Retrieved 13 March 2021.
- Princewill, Nimi (11 March 2021). "Nigerian startup Flutterwave secures $170 million in capital injections from investors, now valued at over $1 billion". CNN. Retrieved 13 March 2021.
- "Dealroom: About Flutterwave". Dealroom. Retrieved 13 March 2021.
External links
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