payments . payment gateways . processors
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At Flutterwave, we are on a mission to build payments infrastructure to connect Africa to the global economy. We do this by building technology, tools, and infrastructure for businesses and banks who want to provide a more seamless and secure payments experience for their customers. Founded in 2016 by a team of African finance and technology veterans from Standard Bank, PayPal, Google Wallet amongst others.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. It has attracted significant investment from experienced Fintech investors such as Ycombinator Continuity Fund (investors in Stripe), Greycroft (investors in Braintree and Venmo), Greenvisor Capital, Omidyar Network, and Glynn Capital amongst others. In 2017 Flutterwave was named Africas best fintech company at the Apps Africa Innovation Awards.
Flutterwave provides technology, infrastructure and services to enable global merchants, payment service providers and Pan-African banks accept and process payments on any channel (Web, Mobile, ATM & POS). The company offers payment gateway API that allows merchants to accept, while users can pay via payments cards and mobile wallets like m-Pesa. The company has offices in Lagos, Nairobi, Accra, and Johannesburg.
Online payment gateway & processing platform for small businesses in Africa. Flutterwave is the easiest way to pay and get paid across Africa.
The company charges a transaction fee in addition to processor fees. It charges .3% fee per transaction.
Some of the clients are Uber
Paystack
The Ticket Fairy
Page Microfinance Bank
Access Bank
etc.
Partnered with KCB bank
Pre-Series A
For Profit
The company has processed $1.2 billion in payments across over 10 million transactions in August 2017.
Flutterwave has processed over $70 million in transactions to date.(2016)
Iyinoluwa Aboyeji
Olugbenga Agboola
Joe Saunders
11-50
The FIS FinTech Accelerator in Partnership with The Venture Center
YES
6
$45.05 M
Jan 2020
Private
The company will use the new capital for hiring more talent, build out global operations and fueling rapid expansion across Africa. (Oct. 2018)
$1M to $10M
$50 K
May 2016
SERIES A · $10 M · Oct 2018
SERIES B · $35 M · Jan 2020
$50 K
NO
1,168,181
1,303,253.94
-48.83%
1,275
713.54%
6
81.15%
50.32%
-28.3%
40,330
11,941
42.06%
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