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Flutterwave raises $10m Series A

San Francisco based payments company Flutterwave has raised $10m in Series A funding led by Greycroft Partners and Green Visor Capital. Flutterwave is building underlying unified payments infrastructure for African businesses to accept card, mobile money, and bank account payments.

In a year of operation, Flutterwave has garnered 10 banking partners across Africa and processed over 14 million transactions worth $1.5 billion in the last 12 months. According to an official blog post, the new capital will be put into hiring more talent, build out global operations and fueling rapid expansion across Africa.

Tags

flutterwave, payments, financing