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Flutterwave Raises $35 Million and Announces Lucrative Partnership in Series B Funding Round

Flutterwave , the San Francisco-based payment processing platform that has enriched the transaction infrastructure of businesses worldwide, has just made a giant leap into the investment ecosystem. The pioneering company recently closed its Series B funding round having raised a whopping $35 million . Flutterwave, led by CEO and co-founder Olugbenga Agboola , was established in 2016.  Former bankers, engineers, and innovators created the company with the goal of assisting Africans in establishing global businesses by devising payment technology to link Africa to the global economy . Its payment technology was designed to facilitate seamless integration with international and domestic payment systems. The closing of the funding round and the announcement of a new partnership represents the dawn of a new day for Flutterwave. The company is now joining forces with Worldpay in Africa, broadening payment solutions across the continent. The deal sets the stage for a lucrative partnership,...

Emily Adeyanju

Jan 23, 2020