Flutterwave Revenue and Competitors

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Location

#50

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Flutterwave's estimated annual revenue is currently $92.8M per year.(i)
  • Flutterwave received $20.0M in venture funding in October 2018.
  • Flutterwave's estimated revenue per employee is $165,100
  • Flutterwave's total funding is $475M.
  • Flutterwave's current valuation is $3B. (February 2022)

Employee Data

  • Flutterwave has 562 Employees.(i)
  • Flutterwave grew their employee count by 25% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$40.6M28472%N/AN/A
#2
$1588.3M854479%$2.3B$95B
#3
$24570M3812914%$216M$209.6B
#4
$262.9M129517%N/AN/A
#5
$64.4M390117%$302.2M$2B
#6
$71.8M4425%N/AN/A
#7
$4.3M29N/AN/AN/A
#8
$546.3M1858N/AN/AN/A
#9
$30.2M0N/AN/AN/A
#10
$41.3M259N/AN/AN/A
#11
$535.8M2944N/AN/AN/A
#12
$93.1M573N/AN/AN/A
#13
$35.8M25651%$18.3M$1B
#14
$3.2M31N/AN/AN/A
#15
$375.9M202260%$1.8B$40B
#16
$12.5M66N/AN/AN/A
#17
$90.8M346N/AN/AN/A
#18
$8260M8-100%$280M$43.7B
#19
$7.4M63N/AN/AN/A
#20
$35.1M152-29%N/AN/A

At Flutterwave, we are on a mission to build payments infrastructure to connect Africa to the global economy. We do this by building technology, tools, and infrastructure for businesses and banks who want to provide a more seamless and secure payments experience for their customers. Founded in 2016 by a team of African finance and technology veterans from Standard Bank, Angela, PayPal, Google Wallet amongst others. Flutterwave has grown to become one of the fastest growing payments companies in the world. Since inception Flutterwave has processed close to $2 billion in payments and 25 million transactions across over 33 African countries where it currently operates. It has attracted significant investment from experienced Fintech investors such as Ycombinator Continuity Fund (investors in Stripe), Greycroft (investors in Braintree and Venmo), Greenvisor Capital, Omidyar Network, and Glynn Capital amongst others. In 2017 Flutterwave was named Africa's best fintech company at the Apps Africa Innovation Awards.

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$475M

Total Funding

562

Number of Employees

$92.8M

Revenue (est)

25%

Employee Growth %

$3B

Valuation

Y Combinator

Accelerator

Flutterwave News

2022-04-17 - Flutterwave is dismissing and reviewing CEO's alleged misconduct

The African fintech company Flutterwave said a report of alleged financial and personal misconduct by its CEO Olugbenga Agboola does not...

2022-04-17 - Flutterwave CEO addresses alleged misconduct claims in email to employees

Executive has been accused of financial impropriety, conflict of interest and sexual harassment ... Flutterwave CEO Olugbenga Agboola has, for the...

2022-04-06 - Flutterwave and its CEO under fire for alleged dubious practices

Flutterwave's stature as an early mover in Nigeria's online payments scene and its unrivaled $3 billion valuation makes the 37-year-old Agboola...

2021-05-20 - Flutterwave Partners with Amole to Facilitate Remittances into Ethiopia to Amole’s Digital Wallet and Bank Accounts

Flutterwave & Amole Logo Yemiru Chanyalew, CEO Moneta Technologies, SC – said: “We are very excited to work with Flutterwave and leverage our combined technologies to broaden our offering to Ethiopian Diaspora community consumers and merchants to enable cross-border remittance and commerce. SAN ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$102M56338%N/A
#2
$102M56327%N/A
#3
$35M564-15%N/A
#4
$163.4M56618%N/A
#5
$101M5681%$161.5M

Flutterwave Funding

DateAmountRoundLead InvestorsReference
2017-08-01$10.0MAGreen Visor CapitalArticle
2018-10-15$20.0MAMultipleArticle