Congratulations to portfolio company Flutterwave on this latest round of financing! At $3b, Flutterwave is currently the highest valued African startup, surpassing the $2b valuation set by SoftBank-backed fintech OPay and FTX-backed cross-border payments platform Chipper Cash last year. Flutterwave has seen astronomical growth since its Series C last year. At the time, the payments company said it processed 140m transactions worth over $9b. A year later, the African payments giant, with an infrastructure reach across 34 countries on the continent, now processes 200m transactions worth more than $16b.