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Africa, Emerging Markets, Flutterwave, Payments

Flutterwave Completes Series A Extension, former Visa chairman / CEO joins board

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Oct 14, 2018

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Posted In:

Africa, Emerging Markets, Flutterwave, Payments

Published:

Oct 14, 2018

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We recently announced our completion of Series A Extension round of financing. The latest round of financing includes investments from Mastercard, CRE Ventures, Fintech Collective, 4DX Ventures, and Raba Capital, among others. Flutterwave has now raised over $20 million to date and our largest investors include Green Visor Capital and Greycroft Partners.

As part of the financing, current Green Visor Capital Chairman & General Partner and former Chairman & CEO of Visa, Joe Saunders, joined the Flutterwave Board of Directors.

Headquartered in San Francisco, Flutterwave is building modern payments technology and infrastructure for Africa to enable people and businesses to connect with the global economy.

Much like in mobile communications, Africa is leapfrogging traditional payments technology and Flutterwave is building the Pan-African infrastructure to become the standard bearer for modern payments. Flutterwave’s API makes it easier for the almost 24,000 businesses and individuals using its solution to process payments across Africa. The African market, marked by increasing cross-border requirements, multi-instrument and channel payments, and a drive for financial inclusion is primed for Flutterwave’s unique vision and offering.

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