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.
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