Flutterwave

Flutterwave Series C

Funding Round
Flutterwave•March 10, 2021•5y ago

Amount Raised

$170M

Date Announced

Mar 10, 2021

5y ago

Disclosed Investors

11

2 lead

Linked Sources

1

Flutterwave Series C round record, dated Mar 10, 2021, amount listed $170M, 11 disclosed investors.

Notes

According to TechCrunch, Flutterwave wants to become a global payments company, and the Series C investment helps to reach that goal. The company says it plans to use the funds to speed up customer acquisition in its present markets. It will also improve existing product offerings like Barter, where it has over 500,000 users, and introduce new offerings. One such is Flutterwave Mobile, which in the founder’s words “will turn merchants’ mobile devices into a point of sale, allowing them to accept payments and make sales.”

Disclosed Investors (11)
Lead Investors
Avenir Growth

Venture Capital

Participating
DST Global

Private Equity

GR

Venture Capital

PayPal

Venture Capital

Record Details
Date announced
March 10, 2021
Round
Series C
Amount raised
$170,000,000
Pre-money valuation
—
Post-money valuation
—
Disclosed investors
11
Lead investors
2
Linked sources
1