Flutterwave's Net Worth: A year-by-year financial breakdown

Flutterwave's Net Worth: A year-by-year financial breakdown

Flutterwave is the leading payment gateway for African businesses and entrepreneurs. The company was inception by Olugbenga Agboola in 2016. And since it's been founded, the fintech company has steadily become a leader in Africa's payment landscape for merchants. The fintech firm has seen significant growth through multiple funding rounds. From seed funding in 2016 to secondary market transaction in March 2023, Flutterwave has raised approximately $475 million across all funding rounds. Flutterwave achieved unicorn status in 2021 with a valuation exceeding $1 billion. After that, the secured a $250 million Series D funding round in 2022, raising its valuation to over $3 billion. The 2022 funding round position the company one of the highest-valued startups in Africa. Since the 2022 funding, Flutterwave has been preparing for an initial public offering (IPO), with reports in April 2024. If a company is preparing for an IPO simply means that the company is a private entity and want…

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