Flutterwave was valued at over $3 billion following its $250 million Series D funding round in February 2022, tripling its previous valuation and making it Africa's highest-valued startup at the time, with a focus on profitable growth and expanding its payment infrastructure across Africa. While specific recent valuation data isn't public, the company continues to focus on profitability and sustainability, with its last reported valuation being around the $3 billion mark.
Nigeria's own Flutterwave is valued at $3 billion, making it one of Africa's most valuable startups, driving seamless payments across the continent. 🌍
Today, Flutterwave is valued at over $3B, making it the highest-valued African startup to date. The company's $250 million Series D round tripled its valuation in twelve months.
Is Flutterwave publicly traded? Flutterwave remains a privately held company and cannot be accessed on major public exchanges such as NASDAQ or NYSE. Accredited investors can invest in the top private companies like Flutterwave before they IPO via secondary marketplaces such as Hiive.
5 Nigerian Unicorn companies Worth Over $1B, this will inspire you
How does Flutterwave make money?
Flutterwave generates revenue by charging a fee on transactions. As of January 2024, it charges a 2.9% fee for local card transactions and a 3.8% fee for international card transactions. The fees charged on wallets, mobile money, and transfers to bank accounts domiciled in other countries vary from country to country.
Paystack offers bank transfers, USSD, and QR codes. Their bank transfer feature works particularly well for high-value B2B transactions where customers prefer direct debit. Flutterwave supports the widest range of options: cards, bank transfers, USSD, mobile money (MTN, Airtel), and even cryptocurrency.
1 in digital payments? India has emerged as the global leader in fast payments, according to a recent note by the International Monetary Fund. This is primarily driven by the Unified Payments Interface (UPI), which processes billions of transactions monthly.
The Send Site is a technology platform owned by Flutterwave UK Limited (“Flutterwave” or “Us”) with our registered address at 16 Great Queen Street, Covent Garden, London WC2B 5AH.
In March 2025, Paystack launched Zap, its first consumer-centric product in nine years. Zap aims to facilitate instant mobile transfers to any Nigerian bank account in under 10 seconds. Paystack is owned by Stripe which acquired the startup in 2020 for US$200 million.
Opay is a Nigerian digital wallet preferred by several customers to make transactions. Flutterwave allows you to collect payment from your customers by debiting their OPay wallets directly. This transaction involves redirecting to the customer's wallet to authorize the debit and complete the payment.
Investors in Flutterwave include Y-Combinator, Visa Ventures, Mastercard, Avenir Growth Capital, and Tiger Global Management. Flutterwave raised a US$250 million Series D funding round at over US$3 billion valuation in 2022 as well.
This is an incredible feat, and Flutterwave is glad to be the payment partner on this journey. With this partnership, Uber riders can pay via international and local methods like cards, Mastercard, Visa, Verve, Mpesa, and other Mobile Money (MoMo), Bank Transfer, and USSD.
Founded in 2016, Flutterwave has established itself as the payment company upon which payment companies are built. Platforms like Uber, Booking.com, and Transferwise all use Flutterwave to process their payments.
This return also highlights Flutterwave's commitment to delivering a seamless, secure, and regulatory-compliant user experience for all Send App customers in the US. Users can now send money from DC, Georgia, Maryland, North Carolina, Michigan, South Carolina, Tennessee.
PayU is one of the leading online payment gateways in India & has empowered 5 lakh+ businesses so far. It enables businesses to collect digital payments across 150+ online payment methods such as Credit Cards, Debit Cards, Net Banking, EMIs, BNPL, QR, UPI, Wallets, and more.
Credit and debit cards are the most popular way for people to pay for things, with these kind of payments totalling ÂŁ884 billion in 2021. Debit cards are linked to your payment account and take money directly from your account when a purchase is made.
Flutterwave, a leading Fintech company founded by young Nigerians and headquartered in Lagos, operates in the U.S., Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African countries.
Who are Flutterwave's investors? Era Capital, Launch Africa Ventures, Cornice Ventures, Newtown Partners, and Nimble Partners are 5 of 89 investors who have invested in Flutterwave.
Segun Ogunsanya, former Group Chief Executive Officer and Managing Director of Airtel Africa PLC, is an Engineer and Chartered Accountant with over 35 years' cognate experience garnered across multiple geographies, organizations and diverse sectors such as telecoms, consulting, Banking and Fast-Moving Consumer Goods ( ...
The payment with OPay provides a seamless way to accept payments from customers with OPay wallets. Customers can securely authorize transactions directly from their OPay wallets, and funds are deposited into your Flutterwave account.
In 2016, alongside Shola Akinlade he established the E-payment website PayStack. It was the first of its kind in Nigeria with a net worth of $120,000 and was later sold to Stripe for $200 million in 2020.
