On Wednesday, Flutterwave, an African-focused payments company revealed that it had amassed $170 million from a leasing group of international investors to grow its customer base in existing international markets and to create new products. This fundraise brings the total investment in the company to $225 million. Flutter wave in a statement said that the COVID-19 pandemic had hastened the transition to digital payments in Africa. Avenir Growth Capital and Tiger Global Management LLC. Jamie Reynolds. A partner at Avenir Growth Capital said, " Flutterwave is at the forefront of innovation in payments technology. We are excited to support the team as they build the last available payments infrastructure frontier in the world - connecting merchants and consumers intra-Africa and globally." Flutterwave Inc. is well-known for establishing a digital store that helps SMEs to stay in business especially during the COVID-19 lockdown wave. Over 1000 SMEs across Africa signed up to exhibit a...
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