About Us

Flutterwave is an African fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent. They focus on both B2C and B2B payment facilitation, so businesses can use Flutterwave to process payments for cards, and at the same time, consumers can sign up for their products and can use them to do money transfers.

Flutterwave has grown to become one of the fastest-growing payments companies in the world. Since inception, Flutterwave has processed close to $2 billion in payments and 25 million transactions across over 33 African countries where it currently operates.

Our History

The company was founded in 2016 by Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya and is headquartered in San Francisco, California with operations in Nigeria, Kenya, Uganda, Ghana, South Africa, and seven other African countries.

In 2021, Flutterwave raised a US$170 million Series C funding round. At the time, this was the largest amount ever secured by an African tech startup and gave it a valuation of over US$1 billion, making Flutterwave a unicorn.

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.

In December 2021, Flutterwave launched Sendan African-focused remittances service and appointed Wizkid as its global ambassador to further push the company's brand among the Africans in the diaspora.
In January 2022, Flutterwave partnered with AfroSport Network to broadcast the 2021 Africa Cup of Nations free-to-air from 9 January 2022 to 6 February 2022.

At the peak of the COVID-19 pandemic, Flutterwave built a digital store to help medium and small-scale businesses that were badly impacted by the global lockdown to display their products for market online.

Over 20,000 businesses enrolled in the store for free through a campaign called "keeping the lights on".
On September 1, 2022, Bloomberg reported that the Central Bank of Nigeria had granted Flutterwave the country's highest payment processing license, which allows it to process transactions between banks and cards without intermediaries.

The switching processing license grants Flutterwave autonomy across the payments ecosystem value chain. This includes processing funds transfers between banks and fintechs, as well as participating in agency banking and other payment services.

In April 2024, Flutterwave announced plans for an Initial public offering.

Our Vision

Our vision is to make it easier for Africans to build global businesses that can make and accept payment, anywhere around the world.

Our Mission

At Flutterwave, we are on a mission to build payment infrastructures to connect Africa to the global economy. We do this by building technology, tools, and infrastructure for businesses and banks that want to provide a more seamless and secure payment experience for their customers.

Core Values

Flutterwave believes that a cross-disciplinary team is what it takes to build a wholesome and delightful product experience. Her core values define who they are and how they work.

• Trust Capital
• Loyalty
• Respectful Communication
• Creativity and Innovation

Our Services

With Flutterwave, businesses can accept customers' payments across different payment methods, such as bank transfers, mobile wallets, and cards; and easily track their performance with advanced analytics and real-time information.

The app enables users to easily integrate APIs, Online Payment Solutions, and a Dashboard to manage transactions.
Our primary services include;

• Accept online payments: Easily receive online payments from around the world in different currencies.
• Payout & Transfers: Experience effortless cross-border payouts and transfers in various currencies worldwide.
• POS systems: Point of Sale devices with multiple payment methods to grow your physical business.

Our Business Model

Flutterwave has so many features businesses can leverage to grow their business. Below are the various business models on Flutterwave

Payment tool: This is designed to provide the best payment experience for your customers. You can easily receive money from anywhere worldwide and even make transfers in single or bulk to other accounts. Another good thing is that you can receive payments in over 150 different currencies.

E-commerce store and tools: This is an online space where business can list their product to boost online visibility. This includes creating a free online store, professional invoice, and payment links. It was created during the COVID-19 pandemic to enhance business growth.

FaaS: fintech as a service Embed financial services into your products. Create and launch apps that enable your customers to hold funds in their wallets, pay bills, create virtual cards, and do so much more.

Virtual Cards: Issue physical and virtual cards that work globally. You can create, launch, and manage your cards easily from anywhere.

Send: Send allows you to send money to those that matter whether in Lagos, Nairobi, Addis Ababa, or London. You can use send to quickly and reliably send money to local bank accounts and even mobile money wallet whenever you want. Send was launched in Dec 2021.

Barter: Barter is a web and mobile app that lets you send and receive money from overseas instantly, and safely, at the cheapest rates, pay utility bills, and create (Naira and dollar) virtual cards that can be used for transactions on various platforms. Barter was launched in January 2019.

Capital: You get quick access to flexible loans to grow your business.
Registration: Register and incorporate your business from anywhere.

Our Teams

• Engineering
• Design
• Finance & Business Operations
• Marketing
• Commercial
• People and Culture
• Product
• Customer Experience
• Global Expansion & Market Penetration