# Flutterwave

> Flutterwave connects businesses to African and international payment networks through APIs, checkout tools, payouts, and merchant services. Founded in 2016, the San Francisco-headquartered company also operates Send App for remittances and has expanded into open banking through Mono and Nigerian microfinance banking.

- **Founded:** 2016
- **Headquarters:** San Francisco, United States
- **Founders:** Olugbenga Agboola (Co-founder and CEO), Iyinoluwa Aboyeji (Co-founder and former CEO), Adeleke Adekoya (Co-founder)
- **Products:** Flutterwave Checkout, Payouts and Transfers, Payment Links and Invoices, Flutterwave Store, Send App
- **Notable:** US$170 million Series C established a valuation above US$1 billion in 2021., US$250 million Series D valued the company above US$3 billion in 2022., Reported over 1 billion lifetime transactions and over US$50 billion processed value in June 2026.

## Products & services

- **Flutterwave Checkout** — Accept cards, bank transfers, mobile money, and other supported methods through a hosted checkout or integration.
- **Payouts and Transfers** — Single and bulk payouts through dashboard and API, with destinations and currencies varying by market.
- **Payment Links and Invoices** — Collect one-off or recurring payments and issue invoices without building a custom payment integration.
- **Flutterwave Store** — No-code online storefront with product listings and payment acceptance, launched during the pandemic.
- **Send App** — Consumer cross-border remittances; launched as Send in 2021 and subsequently rebranded.
- **POS systems** — Physical-business payment terminals with multiple payment methods.
- **Swap** — Foreign exchange product launched with Wema Bank and Kadavra BDC.
- **Mono** — Acquired open-banking business offering financial data access, identity verification, and account-to-account payments; operates independently.
- **Flutterwave MFB** — Nigerian microfinance banking expansion announced in March 2026, aimed at deeper control of accounts, settlement, and merchant financial services.

## Achievements

- US$170 million Series C established a valuation above US$1 billion in 2021.
- US$250 million Series D valued the company above US$3 billion in 2022.
- Reported over 1 billion lifetime transactions and over US$50 billion processed value in June 2026.
- Acquired Mono in January 2026.
- Announced Nigerian microfinance banking licence in March 2026.

## Latest updates

- **2026-01** — Announced acquisition of Mono, which continues operating independently.
- **2026-03** — Announced Nigerian microfinance banking licence and plans for deeper account and settlement services.
- **2026-05** — Reported more than 100 employee promotions and global economic relief payments.
- **2026-06** — Announced Ripple’s strategic investment as part of Series E at a stated US$3.2 billion valuation.
- **2026-06** — Published ten-year retrospective covering products, trade corridors, and merchant infrastructure.

## Links

- Website: https://flutterwave.com
- LinkedIn: https://www.linkedin.com/company/flutterwave/
- Twitter/X: https://twitter.com/theflutterwave
- GitHub: https://github.com/flutterwave
- YouTube: https://www.youtube.com/channel/UCBIAbIysVyppFIiQP9CV-zQ
- Instagram: https://www.instagram.com/theflutterwave/
- Facebook: https://www.facebook.com/theFlutterwave/

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Profile page: https://yespress.io/flutterwave
Published by YesPress — https://yespress.io
Last updated: 2026-10-06