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Your email address will not be published.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

As the festive spirit of Eid al-Adha (Sallah) approaches, Adron Homes & Properties, Nigeria’s... Continue
Governor Dauda Lawal has approved a 120-day Rapid Intervention Action Plan aimed at addressing... Continue
Hundreds of youths in Aiyetoro Gbede, Ijumu Local Government Area of Kogi State, on... Continue
The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin... Continue
As the Central Bank of Nigeria’s (CBN) recapitalisation exercise came to an end March... Continue
Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history,... Continue
  If Abdulrahman Alade Abdulrasak, the Governor of Kwara State, had heeded to the... Continue
At first glance, the latest industry analysis reads like a ledger of familiar figures—subscriber... Continue
‎OWUPELE BENEBO  ‎ ‎The Rivers State Deputy Governor, Prof. Ngozi Nma Odu, has expressed... Continue
  NIVEA’s landmark ₦3 Billion National Consumer Promotion officially reached its final draw stage,... Continue

UBA


Access Bank

Twitter

Sponsored