Flutterwave – Digital Payments Infrastructure for Africa Raises $10M

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Just added an year ago to our portfolio startups, Flutterwave – a digital payments infrastructure service as API that allows businesses to send and receive money from cards, mobile money wallets and banks across Africa has raised $10M in Series A funding round led by Greycroft Partners and Green Visor, with participation from YCombinator and Glynn Capital. Congrats to the Flutterwave!

This new funding is in addition to previous investments by the company’s current investors which include, Omidyar Network, Social Capital, CRE Venture Capital and HOF Capital amongst others. Flutterwave will use the capital to hire more talent, build out its global operations and fuel its expansion across Africa.

“Flutterwave is building infrastructure and technology solutions that will help modernize African payments. We are excited to be working with this extraordinary team,” says Joe Saunders, Chairman and General Partner at Green Visor Capital, who also joins Flutterwave’s board of directors.”

“We are excited to work with world-class investors who have helped build global payments giants like Visa and Braintree to achieve our mission of building modern payments infrastructure to connect Africa to the global economy.” adds Aboyeji.

Please read the full story at Medium.

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