Flutterwave Makes Y Combinator’s List of Top Companies By Valuation

Posted on January 14, 2021
Flutterwave CEO, Olugbenga Agboola

Nigeria’s leading start-up, Flutterwave has been listed as the only African startup featured on the list of Top Y Combinator Companies by valuation and top exits as of January 2021.

Y Combinator is a United States startup accelerator that offers seed funding to a wide range of startups.

It released the list of its top companies by valuation as of January 2021.

The list was put together to help potential employees, partners and late-stage investors get to know a wider set of YC companies.

Flutterwave, valued at $150 million, is the only African startup featured on the list and as Y Combinator’s most valuable startup in Africa.

Over the years, we have seen more Nigerian startups like Paystack, Buycoins, Cowrywise amongst others get into the accelerator program.

Since launching in 2005, Y Combinator has invested in more than 2,000 startups around the world – investing between $125,000-$150,000 for a 7% equity.

The accelerator now has more than 125 companies valued at $150 million+ and more than 25 at $1 billion+.

The number of global startups on Y Combinator’s list is 134 and Flutterwave ranked 115 with Airbnb, DoorDash, and Stripe being top of the list.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

inDrive, a leading global ride-hailing platform has announced a surge in growth for its... Continue
This Valentine’s Day, PalmPay is celebrating love in all its forms with the launch... Continue
The Comrade Akeem Olalekan Dauda Educational Support (AKOD-ES) programme has announced the distribution of... Continue
In a bold demonstration of its people-first corporate culture, Adron Homes and Properties has... Continue
KINGSLEY EBERE  The anticipated peace in Ohanaeze Ndigbo Lagos State may be a mirage... Continue
Valentine doesn’t always have to be loud. Sometimes it’s just good company, great vibes,... Continue
KINGSLEY EBERE  A 36-year-old man, Ayoola Ayomide, has landed in trouble in Lagos State... Continue
Emirates has announced the expansion of its operations to Tokyo Narita with the introduction... Continue
Identy.io, a global biometric authentication technology company specializing in secure, mobile-first identity verification, announced... Continue
MICHAEL AKINOLA  A 37-year old man, Ogunbamise Oluwabamise, has been arrested and charged in... Continue

UBA


Access Bank

Twitter

Sponsored