Flutterwave - About the company
Flutterwave is a series E company based in San Francisco (United States), founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji. It operates as a Provider of payment solutions for online and physical business transactions. Flutterwave has raised $489M in funding from investors like Greycroft, Y Combinator and Mastercard, with a current valuation of $3.2B. The company has 5298 active competitors, including 502 funded and 468 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.
Sectors and market segments that Flutterwave operate in
Flutterwave serves in the FinTech market segments.The primary business model of Flutterwave is:Company Details
Provider of payment solutions for online and physical business transactions. It offers tools for accepting payments, payouts, transfers, and creating online stores. The company provides application programming interfaces for developers to integrate payment functionalities. It also facilitates tuition payments and event ticket purchases.
- Website
- flutterwave.com/us/
- Social
- Email ID
- *****@flutterwavego.com
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Series E
Total Funding
$489M in 10 rounds
Latest Funding Round
Post Money Valuation
$3.2B as on Jun 16, 2026
Ranked
5th among 5298 active competitors
Employee Count
882 as on Jun 30, 2026
Legal entities associated with Flutterwave
Flutterwave is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FLUTTERWAVE UK LIMITED CIN: 10593971 , United Kingdom, Active | Jan 31, 2017 | £1M - £10M (As on Dec 31, 2024) | 31 (As on Dec 31, 2024) | |
FLUTTERWAVE, INC. CIN: 6031713 , United States, Active | May 01, 2016 | - | 2 (As on Dec 31, 2019) | - |
Sign up to download Flutterwave's company profile
Flutterwave's funding and investors
Flutterwave has raised a total funding of $489M over 10 rounds. Its first funding round was on May 17, 2016. Its latest funding round was a Series E round on Jul 07, 2026 for an undisclosed amount. 1 investor participated in its latest round. Flutterwave has 75 institutional investors.
Here is the list of recent funding rounds of Flutterwave:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2026 | Undisclosed | Series E | - | - | - | |
Jun 16, 2026 | Undisclosed | Series E | - | - | - | |
Feb 16, 2022 | $250M | Series D | $3B | - |
Access funding benchmarks and valuations. Sign up today!View details of Flutterwave's funding rounds and investors
Flutterwave's founders and board of directors
Founder? Claim ProfileThe founders of Flutterwave are Olugbenga Agboola and Iyinoluwa Aboyeji. Olugbenga Agboola is the CEO of Flutterwave.
Here are the details of Flutterwave's key team members:
- Olugbenga Agboola: Co-Founder & CEO of Flutterwave. They are also an angel investor in 9 startups.Contact Info: 1 email address
- Iyinoluwa Aboyeji: Former Co-Founder of Flutterwave and founder of 4 other companies, including Andela, Fora and Rave. They are also an angel investor in 5 startups and serve on the board of 1 company.
Flutterwave's Board of Directors
Flutterwave's board has 7 active members. Iyinoluwa Aboyeji, Joseph Saunders, Will Szczerbiak, Adeleke Adekoya, James M. Reynolds, Olugbenga Agboola and Joe Saunders are independent board members.Here is the list of Flutterwave's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 5y 6m | |
Independent board member | - | Current | 5y 6m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 5y 4m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 8y 11m |
View details of Flutterwave's Founder profiles and Board Members
Flutterwave's employee count trend
Flutterwave has 882 employees as of Jun 26. Here is Flutterwave's employee count trend over the years:
Uncover Flutterwave's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Flutterwave's Competitors and alternates
Top competitors of Flutterwave include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Flutterwave, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
4th | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
5th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
6th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
7th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 82/100 | |
8th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
9th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 77/100 | ||
10th | Mercado Pago 2003, Buenos Aires (Argentina), Series D | Provider of online payment processing and digital financial services | $233M | 77/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Flutterwave's competitors? Click here to see the top ones
Flutterwave's Investments and acquisitions
Flutterwave has made 3 investments in companies including Curacel and Dapio. Flutterwave has also acquired 2 companies including Mono and Disha.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 05, 2026 | Acquisition | 2020 | San Francisco (United States) | |
Feb 14, 2023 | Investments | 2019 | Lagos (Nigeria) | |
Mar 30, 2022 | Investments | 2018 | London (United Kingdom) |
Want to know more about where corporates are investing? Sign up today!See all investments by Flutterwave
Reports related to Flutterwave
Here is the latest report on Flutterwave's sector:
News related to Flutterwave
Filter this listMedia has covered Flutterwave for a total of 44 events in the last 1 year, 11 of them have been about company updates and 10 about partnerships.
•
Africa's Startup Funding Falters: Fewer Early-Stage Investments Despite Strong Exit PerformanceBusinessDay•Jul 14, 2026•Flutterwave, co.za, Mono
•
•
•
•
Ripple Invests in Flutterwave, Boosting Stablecoin Payments Across AfricaBusinessDay•Jun 16, 2026•Ripple, Flutterwave
•
•
Flutterwave and Tempo Partner to Develop Stablecoin Infrastructure for African PaymentsBusiness and Financial Times•Jun 09, 2026•Tempo.com, Flutterwave
•
•
Checker Raises $8M from Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for InsMedia Bulletins•May 19, 2026•Checker, Al Mada Ventures, Galaxy, Framework Ventures and 11 others
•
Nairobi City Thunder Name Send App as Main Sponsor for the 2026 SeasonFintech Finance•May 14, 2026•Flutterwave
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Flutterwave
Explore our recently published companies
- Martinez Landscaping - United States based, 1989 founded, Unfunded company
- Peak Asphalt - United States based, 1997 founded, Unfunded company
- Imagicle - Massarosa based, 2010 founded, Unfunded company
- iDO Devices - Noida based, 2025 founded, Seed company
- Onviant - 2018 founded, Unfunded company
- Apprentice - Tel Aviv-Yafo based, 2023 founded, Funding Raised company
