Flutterwave

Flutterwave Inc. is a financial technology company that offers comprehensive payment solutions for businesses globally. Founded in 2014 and headquartered in San Francisco, California, Flutterwave provides a range of services, including Flutterwave Checkout for processing payments via web and mobile, and a Flutterwave API for creating and managing virtual cards. The platform also includes tools for invoicing, allowing businesses to create professional invoices and track payments, as well as payment links for easy collection from customers. Serving various industries such as gaming, events, transportation, and hospitality, Flutterwave aims to simplify payment infrastructure by connecting merchants with local and international card schemes and bank accounts, ensuring secure and efficient payment processing.

Olugbenga Agboola

Founder and CEO

Oneal Bhambani

CFO

David Mouko Elizaphan Omaanya

Country Director and East Africa Business Head

4 past transactions

PiggyVest

Seed Round in 2023
PiggyVest is a financial technology company based in Nigeria that provides an automated savings platform aimed at helping individuals and businesses manage their finances efficiently. The platform enables users, particularly from low- and middle-income backgrounds, to save small amounts of money regularly—whether daily, weekly, or monthly—thereby promoting sustainable savings habits. By automating the saving process, PiggyVest reduces the temptation to withdraw funds prematurely, as users can only access their savings on predetermined withdrawal dates. The company previously operated as Piggybank.ng and has since acquired a microfinance bank license. All funds saved through the platform are securely managed by a licensed asset management company. PiggyVest also facilitates the earning of competitive interest rates on savings, enhancing the value of users' money while eliminating withdrawal and monthly fees, thereby making financial management accessible and user-friendly.

CinetPay

Seed Round in 2021
CinetPay is a payment technology platform that specializes in facilitating online payments in Africa. It serves as a mobile money payment hub, unifying various mobile money payment methods to enhance digital transactions. By focusing on mobile money systems, bank cards, and digital wallets, CinetPay enables businesses to efficiently conduct sales and manage their finances. This approach helps streamline financial processes for users, making digital transactions more accessible and effective across the region.

Disha

Acquisition in 2021
Online brands require websites. Most existing tools demand huge dependencies on desktops in a world where smartphone usage is on the rise. Our tools remove technical knowledge, the barrier between ideas and solutions. By creating visually using beautiful templates, we make it faster, easier, more enjoyable, and on the palm of your hands.

Pennysmart

Acquisition in 2020
Pennysmart is a financial technology company that offers a savings platform aimed at promoting financial independence. The platform automates the savings process while providing users with attractive interest rates. It features a simplified dashboard that allows individuals to track their saving habits effectively. Regulated by the Bank of Ghana, Pennysmart ensures transparency by maintaining no hidden fees or transaction costs, thereby enabling users to save money efficiently and benefit from high-interest rates.
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