The latest round of financing includes investments from Mastercard, CRE Ventures, Fintech Collective, 4DX Ventures, and Raba Capital, among others.
Flutterwave has now raised over $20 million to date, having raised over $10million in a Series A round of funding led by Greycroft Partners and Green Visor in 2017.
Related Article: Iyinoluwa Aboyeji steps down as Flutterwave CEO; hands over to former CTO
Flutterwave is building modern payments technology and infrastructure for Africa to enable people and businesses to connect with the global economy.
Much like in mobile communications, Africa is leapfrogging traditional payments technology and Flutterwave is building the Pan-African infrastructure to become the standard bearer for modern payments. Flutterwave’s API makes it easier for the almost 24,000 businesses and individuals using its solution to process payments across Africa. The African market, marked by increasing cross-border requirements, multi-instrument and channel payments, and a drive for financial inclusion is primed for Flutterwave’s unique vision and offering.
