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Recently Funded|Amount: USD 100.0M|Industry: Financial Services

Fintech Powerhouse Flutterwave Raises $100 Million in Funding Round

Flutterwave

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201-500 employees employees (Est.)
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We are thrilled to announce that Flutterwave has successfully raised $100 million in our latest funding round, a testament to our mission to build robust payments infrastructure that connects Africa to the global economy. Founded in 2016 by a talented team of veterans from esteemed financial and tech giants such as Standard Bank, PayPal, and Google Wallet, Flutterwave has rapidly emerged as one of the fastest-growing payments companies worldwide. With this fresh investment, we aim to enhance our technology and tools, enabling businesses and banks across Africa to deliver seamless and secure payment experiences for their customers. Since our inception, we have processed nearly $2 billion in payments and facilitated 25 million transactions across over 33 African countries. The trust placed in us by prominent fintech investors, including Y Combinator Continuity Fund, Greycroft, and Omidyar Network, further validates our approach to empowering African commerce. With this significant capital injection, we are prepared to expand our product offerings, enhance our operational capabilities, and invest in strategic partnerships that will strengthen our position in the fintech landscape. In 2017, we were honored to be recognized as Africa’s best fintech company at the Apps Africa Innovation Awards, and this latest funding round sets the stage for us to continue our trajectory toward becoming a global leader in payments infrastructure. As we advance, we remain committed to driving financial inclusion and supporting the thriving businesses of Africa as they engage with the global market.
August 7, 2024

Buying Signals & Intent

Our AI suggests Flutterwave may be interested in solutions related to:

  • Payment Processing
  • Online Store Development
  • Mobile App Development
  • Financial Analytics Tools
  • Event Ticketing Systems

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