Valuation
$3B
2024 Revenue
$95.3M(Est.)
Customers
1.5K
Funding
$234.5M
Avg ACV
$63.5K
Team · 2025
913
Founded
2016
Flutterwave Revenue, Valuation & Funding (2024)
Flutterwave was founded in 2016 and is headquartered in San Francisco, California, with offices in Lagos, Nairobi, Accra, and Johannesburg. Flutterwave provides payment infrastructure services that enable businesses to accept and make payments globally. Its platform allows businesses to accept payments from multiple channels including mobile money, credit/debit cards, bank transfers, and other payment methods. Flutterwave serves customers across various industries including education, healthcare, e-commerce, and financial services. It has received funding from various investors including Visa, Mastercard, and the International Finance Corporation (IFC).
Last updated
Flutterwave Revenue
In 2024, Flutterwave's revenue reached $95.3M. The company previously reported $64.8M in 2023. Since its launch in 2016, Flutterwave has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Flutterwave Hit $95.3m revenue in October 2024 | Estimated |
| 2023 | Flutterwave Hit $64.8m revenue in October 2023 | Estimated |
| 2021 | Flutterwave Hit $30.2m revenue in March 2021 | |
| 2016 | Launched with $0 revenue |
Flutterwave Valuation, Funding Rounds
Flutterwave reached a $3B valuation in 2021, set during its Series C round.
Flutterwave has raised $234.5M in total funding across 6 rounds, most recently a $170M Series C round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series C | $170M | $1B | 17% | |
| 2020 | Series B | $35M | - | - | |
| 2018 | Series A | $10M | - | - | |
| 2017 | Series A | $19.2M | - | - | |
| 2017 | Non Equity Assistance | $50K | - | - | |
| 2017 | Series A | $250K | - | - |
Founder / CEO
Olugbenga Agboola
CEO
Olugbenga Agboola is the co-founder and CEO of Flutterwave. Prior to co-founding Flutterwave, Olugbenga contributed to the development of fintech solutions at several tech companies and financial institutions such as PayPal, Standard Bank, among others
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Customers
Flutterwave serves 1.5K customers.
Flutterwave Employees & Team Size
Flutterwave employs approximately 913 people as of 2026, down from 1K in 2024. It serves 1.5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 913 employees (November 2025) | |
| 2024 | Reached 1K employees (December 2024) | |
| 2024 | Reached 942 employees (October 2024) | |
| 2023 | Reached 942 employees (October 2023) | |
| 2022 | Reached 826 employees (October 2022) | |
| 2021 | Reached 526 employees (December 2021) | |
| 2021 | Reached 335 employees (March 2021) |
Frequently Asked Questions about Flutterwave
What is Flutterwave's revenue?
Flutterwave generates an estimated $95.3M in annual revenue.
Who founded Flutterwave?
Flutterwave was founded by Olugbenga Agboola.
Who is the CEO of Flutterwave?
The CEO of Flutterwave is Olugbenga Agboola.
How much funding does Flutterwave have?
Flutterwave raised $234.5M across 6 rounds.
How many employees does Flutterwave have?
Flutterwave has 913 employees.
Where is Flutterwave headquarters?
Flutterwave is headquartered in San Francisco, California, United States.
Compare Flutterwave to the industry
Flutterwave operates across multiple industries. Browse revenue, funding, and growth data for Flutterwave in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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