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# Flutterwave raises $250 million
- URL: https://www.techloy.com/flutterwave-raises-250-million/
- Published: 2022-02-16T22:29:00.000Z
- Updated: 2022-04-18T21:30:43.000Z
- Author: Techloy
- Tags: / Fintech, / Money, Tech in Nigeria, Tech in Africa, Flutterwave

Nigeria-based fintech company Flutterwave raised $250 million in Series D funding, valuing the company at over $3 billion.

- Flutterwave is currently the highest valued African startup, surpassing the $2 billion valuation mark reached by SoftBank-backed fintech OPay.
- Last year, the fintech company raised $170 million in a Series C round at a valuation of $1 billion. The latest funding brings Flutterwave’s total raise since its inception six years ago to $475 million.
- The funding was led by B Capital Group with participation from Alta Park Capital, Whale Rock Capital, Lux Capital, among others.