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Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion – Fintech Bitcoin News


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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion.

Capital Raised to Fund Flutterwave’s Expansion Plans

The Nigerian fintech startup Flutterwave recently announced it raised $250 million in a Series D funding round. The latest capital raise, led by B Capital Group, saw the fintech firm’s valuation increase to over $3 billion.

According to a statement on the remittance and payments service provider’s blog, Flutterwave is planning to use the capital raised to drive its “ambitious expansion plan to accelerate customer acquisition in existing markets and growth through M&A.” In addition, the fast-growing fintech startup said it will use the funds to “develop complementary products while encouraging new innovations in its products and services development.”

Flutterwave’s confirmation of its latest capital raise comes almost twelve months after the fintech startup successfully raised $170…

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