“We are thrilled to share news of our 170 million dollar Series C funding which will be crucial in improving our technology, product, customer support, and expansion drive,” Flutterwave said on its Twitter handle.
In a tweet, Flutterwave said: “As we build the largest payment infrastructure in Africa @theflutterwave, we also know that Africa does not exist in isolation.
“We need to connect Africa to the world when it comes to payments and we took a closer step to that today.
“All Paypal users can now pay African businesses from anywhere in the world, on our gateway. We’re excited to be opening up a world of opportunities for businesses in Africa!”