United States · Funded startup

Who invested in Flutterwave

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerceFintechWeb3 & Crypto

Raised 5 months agoValuation: $3.0B, Mar 2026Y Combinator: S16

Funding summaryUpdated 5 Nov 2026

$250Mraised across 2 rounds since 2023, from 6 sources

Latest round
Round, $250MJun 2026
Investors
9
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023202420252026
?Venture$250MRound
First round
Venture
Mar 2023
Biggest round
$250M
Round · Jun 2026
Between rounds
3.3 years
from the last two

The rounds

  1. Jun 2026
    Round$250M4 new2 returning

    Reported by Disrupt Africa and 4 others

  2. Mar 2023

Funding filed with regulators

Flutterwave filed 3 raises, $229M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Feb 2021$170M18 investorsequitySEC Form D
  2. Jan 2020$40M15 investorsequityof $40M offeredSEC Form D
  3. Jul 2017$19M98 investorsequityof $19M offeredSEC Form D

Founders and team

From the SEC filings it signed: 2 on the team.

  • Olugbenga AgboolaChief Executive Officeri
  • Adeleke AdekoyaSecretaryi

On the board, as filediJames M. ReynoldsJoseph SaundersWill Szczerbiak

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Plug and PlayAccelerator2rounds
B CapitalVC firm2rounds
Y CombinatorAccelerator1round
Insight PartnersVC firm1round
Lux CapitalVC firm1round
HeadlineVC firm1round
RippleInvestment firm1round
Circle VenturesCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 14 firms list Flutterwave as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

AAF Management Ltd.VC firmPer its own site
AvenirVC firmPer its own site
Voodoo VenturesVC firmPer its own site
Resilience17Family officePer its own site
Lynett CapitalVC firmPer its own site
ReshapeVC firmPer its own site
Boorloo CapitalAngel networkPer its own site
Broadhaven Venture...VC firmPer its own site
ConduitAcceleratorPer its own site
ERA Capital UABPrivate equityPer its own site
Ethos VCVC firmPer its own site
Purpose Venture CapitalVC firmPer its own site
Stonewater VenturesVC firmPer its own site
Teten RecruitingVC firmPer its own site

Quick answers about Flutterwave

Who invested in Flutterwave?

Flutterwave's investors include Plug and Play, B Capital, Y Combinator, Tiger Global Management and Insight Partners, and 4 more on record.

How much has Flutterwave raised?

Flutterwave has raised $250M across 2 rounds since 2023. One round did not disclose an amount, so the total is a floor.

When did Flutterwave last raise?

Flutterwave's most recent round was an Undisclosed round of $250M in Jun 2026.

What was Flutterwave's biggest round?

Its most recent round, $250M in Jun 2026, is also its largest on record.

Who backed Flutterwave first?

Flutterwave's first round on record, in Mar 2023, was backed by Y Combinator, Plug and Play and Tiger Global Management and 2 others.

What stage is Flutterwave at?

Flutterwave's latest named round is an Undisclosed round, in Jun 2026.

Where is Flutterwave based?

Flutterwave is based in the United States.

Companies like Flutterwave

In the same sector, and raised in the last eighteen months.

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