Flutterwave
YC S16Lagos, NG · Founded 2016 · 500 employees · 28 known investors
Flutterwave provides payment processing infrastructure and tools that enable businesses and financial institutions across Africa to send and receive payments securely and efficiently. The company operates in over 33 African countries and has facilitated billions of dollars in transaction volume since its 2016 founding.
FintechNigeriaAfricaPartly Remote
Founders & leadership· Y Combinator alumni (S16)
Flutterwave was founded in 2016 by Adeleke Adekoya and Olugbenga GB Agboola.
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Adeleke AdekoyainCo-founder and Board Member
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Investors · 28
4DX VenturesAccra · $50K – $500K
AAF Management Ltd.Washington
Avenir Growth CapitalNew York
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B Capital GroupManhattan Beach · $10M – $50M
B4 Capital$10M – $50M
Chaos VenturesNew York
CRE Venture CapitalMahwah · $50K – $1Mvia Pardon Makumbe · inferred
DCVC (Data Collective)Palo Alto · $5M – $25M
Endeavor CatalystNew York · $5.5M – $200M
Ethos VCSan Francisco · $250K – $3M
FinTech CollectiveNew York City · $100K – $10M
Glynn Capital ManagementMenlo Park
GreycroftNew York · $100K – $5M
HOF CapitalNew York · $25K – $15M
Kube VC
LoftyInc CapitalHouston
Newtown PartnersCape Town
Nimble PartnersSan Francisco
ReshapeNew York · $100K – $2Mvia Vinay Menda · inferred
Y CombinatorSan Francisco · $500K
9Yards CapitalreportedNew York · $100K – $10M
CapitalXreportedLynnwood · $250Kvia Cindy Bi · inferred
Circle & Co.reported$130K – $780K
Circle Venturesreported
Flourish VenturesreportedSan Francisco · $100K – $5M
Green Visor Capitalreported · 2 sourcesNew York
Musha VenturesreportedSeattle · $25K – $500K
RipplereportedSan Francisco
Funding
SEC filings, press & company announcementsSource: company announcements and press reports — follow each round's link for the claim.
Founder mafia
5 people who came through Flutterwave went on to found or lead other companies.
Competitors · 5
by search overlap
Poshmark, Inc.1098 shared keywordsPoshmark is a fashion resale marketplace that enables individuals to buy and sell secondhand clothing and accessories through a mobile-first platform. The company operates a community-driven commerce model focused on sustainable fashion across the U.S. and Canada.
Instacart1052 shared keywordsInstacart operates a marketplace connecting grocery retailers with customers who order food and household items for same-day delivery or in-store pickup, serving millions of households across North America through partnerships with over 350 retailers.
Alibaba (Link975 shared keywordsAlibaba.com operates a global B2B e-commerce marketplace that connects buyers with suppliers and manufacturers for wholesale products across multiple industries. The platform provides trade services, logistics support, payment protection, and AI-powered sourcing tools for businesses.
Dillard'S878 shared keywordsDillard's is a department store retailer selling apparel, cosmetics, and other consumer goods online and in stores, offering credit card rewards and multiple payment options such as Venmo.
Shopmy833 shared keywordsShopMy operates a creator commerce platform linking premium brands, curators and shoppers via storefronts and affiliate tools.
Companies competing with Flutterwave for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Circle Ventures Backs Flutterwave’s USDC Expansionserrarigroup.com · Jul 2026
Flutterwave Secures Investment from Circle Ventures as It Expands USDC Payments and Settlement Across Africa - Tech In Africatechinafrica.com · Jul 2026
Flutterwave Secures Circle Investment For Stablecoins | CIO Africacioafrica.co · Jul 2026Frequently asked questions
- What does Flutterwave do?
- Flutterwave provides payment processing infrastructure and tools that enable businesses and financial institutions across Africa to send and receive payments securely and efficiently. The company operates in over 33 African countries and has facilitated billions of dollars in transaction volume since its 2016 founding.
- Who founded Flutterwave?
- Flutterwave was founded by Adeleke Adekoya, Olugbenga GB Agboola in 2016.
- Who are Flutterwave's investors?
- Flutterwave's investors include 4DX Ventures, AAF Management Ltd., Avenir Growth Capital, B Capital Group, B4 Capital, Chaos Ventures, CRE Venture Capital, DCVC (Data Collective) and 20 more.
- Where is Flutterwave headquartered?
- Flutterwave is headquartered in Lagos, NG.