A Fintech Giant from Nigeria
Founded in 2016 by Olugbenga “GB” Agboola, Flutterwave has become one of Africa’s most influential fintech companies. Headquartered in Lagos with offices across San Francisco, Nairobi and Johannesburg, the company provides seamless payment infrastructure for merchants, banks, and consumers across 30+ African countries.
Building the Backbone of African Commerce
Flutterwave enables businesses to accept payments via cards, mobile wallets, bank transfers, and USSD, all through a unified API. its flagship product, Rave, supports thousands of merchants, from SMEs to global brands like Uber, Flywire, and Booking.com.
By 2025, Flutterwave had processed over $40 billion in payments, supporting millions of transactions monthly.
Valued at Over $3 Billion
After its $250 million series D round in 2022, Flutterwave became Africa’s most valuable startup, with a valuation of after $3 billion. The company has attracted investors like Tiger Global, Avenir Growth, and Salesforce Ventures.
It has also launched Send, a remittance service enabling fast and affordable cross-border money transfers for African diaspora communities.
Navigating Regulatory Challenged
Despite facing regulatory scrutiny in Nigeria and Kenya in 2022-2023, Flutterwave responded by enhancing compliance, securing licenses, and establishing stronger governance structures; it now holds central bank approvals in key markets, including Nigeria, Kenya, Rwanda and Egypt.
The Future of African Fintech
Flutterwave’s goal is to make global payments as simple as sending a test. With a presence in almost every corner of the continent, the company is at the forefront of digitalizing trade, tourism, and e-commerce across Africa.
