What they do:

Flutterwave is a leading African fintech company offering a robust payment infrastructure that enables businesses and individuals to accept, process, and disburse payments across borders. Their robust platform enables businesses and individuals to accept and send payments via multiple methods cards, mobile money, bank transfers, e-wallets across 35+ countries and in over 150 currencies.

They also offers powerful tools like Flutterwave Store, enabling merchants to launch online storefronts without needing technical support, and Send App, driving fast and affordable remittances from the diaspora to Africa.

Why we invested:

Africa’s digital economy is expanding rapidly, yet businesses still face major challenges with fragmented payment systems, limited cross-border capabilities, and low financial infrastructure coverage. Flutterwave solves this by providing a unified payments platform that enables seamless transactions across 35+ African countries and over 150 currencies.

With a product suite that includes global payment processing, storefronts, and remittance services, Flutterwave is powering both African scale-ups and global giants looking to do business across the continent. Its consistent performance combined with strategic partnerships, licensing wins, and growing brand trust, positions Flutterwave as a foundational layer for Africa’s digital commerce future.

The Founder:

Olugbenga “GB” Agboola is a seasoned fintech architect and serial entrepreneur with over 18 years of experience extending across PayPal, Standard Bank, Google, Access and more. Recognized for his leadership and innovation, GB has been named among Fortune’s 40 under 40 and Time’s Next 100, and was honoured with the Nigerian national award “Officer of the Order of the Niger” in 2022.

Active in:

35+ African countries