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Flutterwave Funding Rounds & Valuation History (2020–2026)

Private Valuation & Funding Round Tracker · Flutterwave

Flutterwave funding rounds & valuation history

Flutterwave, the San Francisco- and Lagos-based African payments company. Funding from the Series B (Jan 2020) to the Series E (Jun 2026), sourced to Semafor, TechCrunch and Flutterwave.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$3.2B
Undisclosed amount Series E, Jun 2026
Raised in rounds listed
$455M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$250M
Series D, Feb 2022
Closed rounds listed
4
Jan 2020 to Jun 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Flutterwave funding rounds, Jan 2020 to Jun 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series ERound size not disclosed. Ripple took part with a strategic equity investment. Semafor (CEO interview) gives $3.25B and Bloomberg $3.3B; Flutterwave’s own $3.2B is used.
Not disclosed
—Not disclosedWith: Ripple (strategic equity investment)
$3.2BValuation stated by Flutterwave
—Not disclosedNo run-rate stated in the announcement
Flutterwave, 16 Jun 2026Also: TechCrunch, 16 Jun 2026, Semafor, 17 Jun 2026
Closed round
Series D
$250M
B Capital GroupWith: Alta Park, Whale Rock, Lux Capital; existing Avenir, Tiger Global and others
Over $3BLower bound (TechCrunch: “over $3B”)
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 16 Feb 2022
Closed round
Series CMonth only.
$170M
Avenir Growth, Tiger Global
Over $1BLower bound (“more than USD $1 billion”, Flutterwave)
—Not disclosedNo run-rate stated in the announcement
Flutterwave, Mar 2021Also: TechCrunch, 16 Feb 2022
Closed round
Series BYear only per TechCrunch; shown as Jan 2020 for sorting.
$35M
—Not disclosed
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 16 Feb 2022
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Semafor, TechCrunch, Flutterwave. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. Jan 2020 · Closed

    Series B: $35M.

  2. Mar 2021 · Closed

    Series C: $170M at Over $1B led by Avenir Growth, Tiger Global.

  3. 16 Feb 2022 · Closed

    Series D: $250M at Over $3B led by B Capital Group.

  4. 16 Jun 2026 · Closed

    Series E: Not disclosed at $3.2B.

Still private: Flutterwave has paused IPO plans and is not owned by a listed company. Ripple took a minority equity stake in 2026.

Cite this dataset

Free to quote with a link back. Copy this citation:

Flutterwave Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/flutterwave/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
flutterwave-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/flutterwave-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed and the 2018 $20M Series A; acquisitions made by Flutterwave; licences.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 3, not yet published).

Sources

  1. Semafor: Flutterwave pursues M&A with aim to become Africa’s go-to fintech firm, 17 Jun 2026
  2. TechCrunch: African fintech Flutterwave triples valuation to over $3B after $250M Series D, 16 Feb 2022
  3. Flutterwave: Flutterwave Closes USD $170m Funding, Mar 2021
  4. Flutterwave: Ripple Participates in Flutterwave’s Series E With Strategic Investment…, 16 Jun 2026
  5. TechCrunch: Payments startup Flutterwave hits $3.2B valuation, backed by Ripple, 16 Jun 2026