Flutterwave
The cross-border payments backbone for businesses across Africa
What it does
Flutterwave was founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji to connect Africa to the global economy via enterprise payment gateways. The company offers payment collection infrastructure, cross-border transfers (Send App), and online storefront tools for businesses worldwide. It is one of Africa's highest-valued fintech unicorns with global regulatory approvals.
Payment gatewaysPayment processors / acquirersCross-border B2B paymentsCard issuing & managementPayment links / invoicingBulk / mass payoutsFX / currency exchange
Known for
- Pan-African payment infrastructure unicorn
- Send App cross-border remittance
- Enterprise merchant checkout solutions
- Y Combinator graduate startup
Model & industry
Payments-as-a-ServiceAPI-as-a-ProductAll / Cross-industry
Funding history
$260.0M
Total raised
3
Rounds
Growth
Latest stage
2026
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2026-06 | Growth | — | Ripple |
| 2022-02 | Series D | $250.0M | B Capital Group |
| 2016-05 | Seed | $10.0M | Y Combinator |
Source: Condia Funding Tracker
Products & subsidiaries
Flutterwave Standard Checkout · Payment GatewaySend by Flutterwave · Remittance PlatformFlutterwave Store · E-Commerce ToolFlutterwave Send · product