Flutterwave: Company Profile, Culture, and Overview

Flutterwave is a Nigerian fintech company that provides a digital payment process that enables individuals and businesses to enjoy seamless transactions within Africa and internationally. Headquartered in San Francisco, the company was founded in 2016 by Olugbenga Agboola alongside iyinoluwa Aboyeji and Adeleke Adekoya. The company says it intends to encourage people to build big businesses without any form of payment hassle. 

Humble Beginnings

Although Flutterwave has not existed for too long, it started well. In 2021, the company raised about 170 million USD series C funding and it appeared to be the highest amount of money ever amassed by an African startup. In the same year, Flutterwave launched "Send", a service that allows Africans to remit or transfer money effortlessly. Fast forward to 2022, the company did another funding, a series D this time, and it earned a total of 250 million USD. 

Products/services

• Send money

• Receive payments

• Digital store

• Payment link

• Invoices

• Card

Resources

• Blog

• Support

• Integrations

• Pricing

• Charges

Digital Store

Flutterwave digital store was created to basically help small and medium-scale businesses to display their products and services online. The store became a lifeline for numerous businesses that lacked a significant online presence or lacked the resources to incorporate payment options on their websites. More than 20,000 businesses registered on the store at no cost, during a campaign tagged "keeping the lights on."

Key people at Flutterwave

• Olugbenga Adegbola - Founder and CEO

• Bode Abifarin - Chief Operating Officer

• Ifeoluwa Orioke - Chief Commercial Officer

• Mo Bammeke - Chief Compliance Officer

• Rick Rosenthal - Global head of finance. 

Flutterwave around the world

Flutterwave is supported in the following countries: 

• Nigeria

• United kingdom

• United states

• Cameroon

• Egypt

• Ivory Coast

• Kenya

• Malawi

• Mauritius

• Senegal

• United Kingdom

• Tanzania

• South Africa

• Uganda

• Europe

Employees

Currently, more than 500 people work with Flutterwave. 

Company culture

The company is characterized by kindness, transparency, and a commitment to fairness. The overall company culture is exceptional as it prioritizes the satisfaction of both the customers and the well-being of its employees. Flutterwave believes that a well-rounded and enjoyable product experience is achieved through the collaboration of a good and willing team. The company's identity and work approach is shaped by good communication, loyalty, innovation, and creativity. 

Milestones/Achievements

• 100% growth revenue in one year - 2021

• Flutterwave achieved Unicorn status after closing $170M funding - 2021

• Flutterwave makes the list of 100 most influential companies - 2021

• Flutterwave fulfilled a $2500 grant for women-led businesses on international women's Day - 2021

• Flutterwave sponsored Afcon's broadcast on Afrosport TV - 2021

• Became Africa’s biggest fintech startup, surpassed $3 billion valuation - 2022

• Flutterwave was granted a switching and processing license - 2022

• Excellence in Fintech Infrastructure Award - 2023

Revenue

$16.4 million

Connect with Flutterwave

• Website: www.flutterwave.com

• Twitter: @flutterwave

• Instagram: @flutterwave 

• LinkedIn Flutterwave

• Facebook: Flutterwave Inc.