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Flutterwave brings digital payments closer to women-led businesses
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Flutterwave brings digital payments closer to women-led businesses
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Flutterwave Closes USD $170m Funding
March 10, 2021 GMT
LOS ANGELES, March 10, 2021 /PRNewswire/ Flutterwave, Africa’s leading payments technology company, today announces it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing investors.
Founded by entrepreneur Olugbenga Agboola in 2016, the company’s valuation is considered to be valued at more than USD $1 billion. The fundraise brings the total investment in Flutterwave to USD $225 million and is one of only a very small number of African fintech companies to have raised significant funds in a period of widespread disruption and economic uncertainty.
Click HERE to find out ⭐ Africa-Based Payments Tech Flutterwave Scores $170 Million Through Series C Funding Round Co-Led By Avenir Growth Capital & Tiger Global Management. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Flutterwave closes $170m funding,recognises role of favourable regulatoryBusiness — The Guardian Nigeria News – Nigeria and World News
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