In February 2011, Flutterwave was selected as a member of the World Economic Forum’s Global Agenda Council on the Future of Software and Society.

In September 2015, Flutterwave received a grant from the Mastercard foundation to support its efforts towards building an API platform and blockchain platform for payments in Africa.

Flutterwave was one of the first companies to launch on the Waves platform, which has launched in December 2016.

In January 2017, Flutterwave was the first company to apply for a non-profit license with RegTech Australia.

In September 2017, Flutterwave won the Australian StartUp Award in the Blockchain category. In October 2017, Flutterwave was selected as a member of the World Economic Forum’s Global Agenda Council on the Future of Software and Society.

In March 2018 Flutterwave raised more than $1 million in seed funding from major Australian institutions including Blackbird Ventures and Brisbane Angels.

In April 2018, Flutterwave partnered with the likes of IBM and Nix to create the first blockchain-based mobile payments platform for users in African countries, a move that is expected to accelerate the adoption of blockchain technology across Africa.

In May 2018 Flutterwave won the Australian Start Up Award in the Blockchain category for the second time and was also awarded best start up at the Australian Web Summit in Sydney.

In January 2019, Flutterwave received $1 million from Blackstone Group. In November 2019, Flutterwave raised an additional $20 million CAD in seed funding from Blackstone Group.

In May 2015, Flutterwave was granted a license by the Central Bank of Nigeria to process international money transfers.

In January 2016, Flutterwave became a registered member of the Financial Services Compensation Scheme (FSCS).

In February 2016, Flutterwave announced that its software was live with two Nigerian banks and has processed over 400 transfers totalling $3m AUD.

In July 2016, Flutterwave partnered with the West Africa branch of Nigeria Inter-Bank Settlement Systems (NIBSS).

In October 2018, Flutterwave received approval from the Central Bank of Nigeria to use Blockchain technology for cross border payments in Nigeria. In December 2018, Flutterwave launched its software in the Nigerian market with 5 national banks and continues to work with more than 20 other financial institutions.

Flutterwave has offices in San Francisco, California, and London, United Kingdom.

Flutterwave is also partnered with the University of Cambridge to explore the intersection between blockchain technology and Artificial Intelligence. Total funding raised: $1,500,000.

Company valuation: $2,930,000.

There have been several notable partnerships with both financial institutions and technology companies for Flutterwave. These include: MasterCard Foundation (World Economic Forum) IBM and Nix in April 2018. The partnership is in reference to the launch of a blockchain-based mobile payment platform for users in African countries including Nigeria, Ghana and Kenya.

Nigeria (Central Bank of Nigeria) and Ghana (Bank of Ghana) respectively to process international money transfers.

Flutterwave was founded in 2012 by Nigerian entrepreneurs Olugbenga Agboola and Kola Awoyemi.

The company is backed by venture capitalists such as MasterCard, African Technology Media (ATM) and Praekelt Foundation among others.