Flutterwave raises $35 million to expand operations across Africa.


Flutterwave, an Africa-focused fintech company, said it raised $35 million and will work in partnership with WorldPay and Visa as it seeks to expand across Africa.

The startup was founded in 2016 and based in San Francisco, it will now become the African payment provider for Worldpay’s clients worldwide, it said on Tuesday in an email statement.

“We are excited to be working with our newest commercial partners, Visa and WorldPay FIS, and investors to build the dominant payments platform in Africa,” Flutterwave’s Chief Executive Officer Olugbenga Agboola said on Tuesday in an emailed statement.