[1] Flutterwave was founded in 2016 by Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya and is headquartered in San Francisco, California with current operations in the U.S., Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African countries.

[2] Investors in Flutterwave include Y-Combinator, Visa Ventures, Mastercard, Avenir Growth Capital, and Tiger Global Management.

[8] In December 2021, Flutterwave launched Send App,[9] an African-focused remittances service that facilitates instant money transfers, and appointed Wizkid as its global ambassador to further push the company's brand among the Africans in the diaspora.

[14] That same month, Flutterwave's CEO, Olugbenga Agboola, was named vice chair of the U.S. Chamber of Commerce's US-Africa Business Center board of directors.

[15] In June, Flutterwave partnered with Nigeria’s Economic and Financial Crimes Commission (EFCC) to establish and lead a state-of-the-art Cybercrime Research Center.

[22] At the peak of the COVID-19 pandemic, Flutterwave built a digital store to help medium and small-scale businesses that were badly impacted by the global lockdown to display their products for market online.

[35][36][37] Recent developments indicate that the CBK is revising its regulatory framework, which could soon allow Flutterwave and other fintech companies to obtain the necessary licenses to operate in Kenya.

[40] On February 8, 2024, TechCabal further published an exclusive report into how Flutterwave has been defrauded up to the tune of $24m through a court order secured to obtain return of such funds from over 6,000 Nigerian bank customers.