# Flutterwave has raised $250 million in a Series D round that tripled the company's valuation to over $3 billion.

*fintech · news · 2022-02-16 · TechCrunch*

## Key points

- Flutterwave's Series D round raised $250 million, tripling its valuation to over $3 billion.
- Flutterwave has expanded operations into Egypt and Morocco, marking its entry into North Africa.
- The company now operates an ACH network in the U.S., enabling North American payments and collections.
- Flutterwave launched Send, its fastest-growing product, processing $3.59 million in its first full month.
- Flutterwave plans future acquisitions to consolidate its fintech presence and enable growth beyond Africa.

**Companies:** Uber, PayPal, Visa, Salesforce, Flutterwave, Disha, OPay, Chipper Cash, Andela, Wave, Interswitch, Tiger Global, Avenir, B Capital Group, Alta Park Capital, Whale Rock Capital, Lux Capital, Glynn Capital, Green Visor
**Countries:** Nigeria, United States, United Kingdom, Egypt, Morocco

[Read the full story on TechCrunch](https://techcrunch.com/2022/02/16/african-fintech-flutterwave-triples-valuation-to-over-3b-after-250m-series-d/)

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