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Your email address will not be published.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

Justice Deinde Dipeolu of a Federal High Court, Lagos, has ordered the final forfeiture... Continue
The stage is set for another major chapter in African music as the International... Continue
A Director in the Federal Ministry of Finance, Ali Mohammed, on Tuesday, October 6,... Continue
Operatives of the Police Special Fraud Unit (PSFU), Ikoyi, Lagos, have arraigned a couple,... Continue
What happens when a relationship influencer gets a reality TV show to prove her... Continue
Stakeholders across Abiriba Kingdom in Ohafia Local Government Area of Abia State have endorsed... Continue
BY EHI BRAIMAH Politics is rarely only about elections; it is also about succession,... Continue
BY OLUFUNMILOLA ‘FUNMIE’ ALUKO On any ordinary day, in any large city, the same... Continue
Labour Party governorship candidate in Lagos State, Rotimi Odunaike, has called for a fundamental... Continue
Codix Group through its charity arm, Codix Charity Foundation has commissioned a range of... Continue

UBA


Access Bank

Twitter

Sponsored