We are thrilled for portfolio company Flutterwave on their $170m Series C announcement! The round was co-led by Tiger Global and Avenir Growth Capital. Additional investors include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, Insight Partners, Salesforce Ventures, Tiger Management, Worldpay FIS and 9yards Capital.
We met Olugbenga “GB” Agboola and the Flutterwave team in January 2017 and visited Africa in March 2017 and were inspired by his desire to transform the way Africa transacts digitally. In 4 short years, Flutterwave now processes billions of dollars for blue-chip customers such as Uber, Facebook, Alipay, and Wise Ltd. Their payments and ecommerce platform also enables nearly 300k entrepreneurs and smaller merchants to achieve their financial freedom.
When Flutterwave was founded in 2016, the payments landscape in Africa was highly fragmented and our mission to simplify payments. However, our successes would not be possible without (1) Our amazing team of 300+ employees that work tirelessly to achieve our goals (2) The trust and support we have received from our investors and customers, and (3) Regulatory bodies like the Central Bank of Nigeria
Olugbenga 'GB' Agboola, Founder and CEO of Flutterwave