About Flutterwave
Flutterwave is a company based in San Francisco (United States) founded in 2016 by Olugbenga GB Agboola.. Flutterwave has raised $319.41 million across 7 funding rounds from investors including Worldpay, Visa and Mastercard. Flutterwave has completed 2 acquisitions, including Disha and Mono. Flutterwave operates in a competitive market with competitors including Stripe, Razorpay, PayPal, PayU and Square, among others.
- Headquarter San Francisco, United States
- Founders Olugbenga GB Agboola
- Stage Unicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Flutterwave
Flutterwave has successfully raised a total of $319.41M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $250.0M
- First Round First Round
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series D - Flutterwave | Valuation | B Capital | |
| Jan, 2020 | Amount | Series B - Flutterwave | Valuation | Greycroft , Headline | |
| Oct, 2018 | Amount | Series A - Flutterwave | Valuation | Mastercard , CRE Venture Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flutterwave
Flutterwave has secured backing from 27 investors, including venture fund and institutional investors. Prominent investors backing the company include Worldpay, Visa and Mastercard. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Seed and early-stage technology companies are funded by Lux Capital.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in US tech and offline companies.
|
Founded Year | Domain | Location | |
|
US tech investments are targeted by Green Visor Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Flutterwave
Flutterwave has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Disha and Mono. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
An open banking platform is provided for African businesses.
|
2020 | ||||
|
Cloud-based platform for web CMS
|
2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Flutterwave
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flutterwave Comparisons
Competitors of Flutterwave
Flutterwave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, PayPal, PayU and Square, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Online payment solutions are offered to consumers and businesses.
|
|
| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Flutterwave
Frequently Asked Questions about Flutterwave
When was Flutterwave founded?
Flutterwave was founded in 2016.
Where is Flutterwave located?
Flutterwave is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Flutterwave?
Olugbenga GB Agboola is the current CEO of Flutterwave. They have also founded this company.
Is Flutterwave a funded company?
Flutterwave is a funded company, having raised a total of $319.41M across 7 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 17, 2016.
What does Flutterwave do?
Flutterwave was founded in 2016 and is headquartered in San Francisco, United States, operating in the fintech sector. Payment processing services are offered, including gateway APIs for online transactions, mobile wallet integrations, credit and debit card handling, payment links, virtual and physical card issuance, and invoice management. Merchants are enabled to accept payments from users via cards and wallets across various regions.
Who are the top competitors of Flutterwave?
How many acquisitions has Flutterwave made?
Who are Flutterwave's investors?
Flutterwave has 27 investors. Key investors include Worldpay, Visa, Mastercard, FIS, and Social Capital.
What is Flutterwave's valuation?
The valuation of Flutterwave is $3B as of Feb 2022.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.