Flutterwave raises $10 million in Series A funding round

Flutterwave, the payment company founded by Iyinoluwa Aboyeji, has just raised over $10 million in a series A funding round. Greycroft Partners and Green Visor led the new funding round with existing investor Y Combinator and new investors like Glynn Capital.

Flutterwave aims to use the capital raised to hire more talent, build out our global operations and fuel rapid expansion of our organization across Africa. “Today, the results of our work in enabling rapid growth for African businesses speak for themselves; $1.2 billion in payments processed. Over 10 million transactions. 10 Bank Partners across Africa. All in just a little over a year of operations. Together with you — our community, our investors, our customers, our supporters, our partners and our family — we have built one of the fastest growing payments companies of all time.” Says Flutterwave

The next chapter for Flutterwave is building a global payments technology company that changes how the world does business with Africa. Quoting their Official Post.