Flutterwave Raises $170m in Series C Round, Becomes a Unicorn

Flutterwave, the African-focused Nigerian fintech startup taking the world by storm has raised $170 million in series C funding, shooting its value up to unicorn status. The series C, which was led by New York-based private investment firm Avenir Capital and US hedge fund and investment firm Tiger Global, catapulted Flutterwave’s valuation to over $1 billion. The latest round thus places the startup in the unicorn status alongside Interswitch and Jumia, the other African startups who have attained the status. “The company’s valuation is now in excess of $1 billion. The fundraise brings the total investment in Flutterwave to $225 … Continue reading Flutterwave Raises $170m in Series C Round, Becomes a Unicorn