Nigerian payments unicorn Flutterwave has secured an undisclosed amount of investment from Circle Ventures, the corporate venture arm of Circle Internet Group, to support its effort to embed USDC settlement directly into the payment flows businesses already use today.
Launched in 2016, Flutterwave builds modern payments technology and infrastructure for Africa to enable people and businesses to connect with the global economy. Its solution enables banks and merchants to replace multiple payment integrations with one simple API, which enables processing of any form of payment anywhere in Africa. To date, the company has processed over US$40 billion in payments and enabled more than 1 billion unique transactions.
Last month, the company announced it had raised a Series E round of funding that valued it at US$3.2 billion, and it has now followed that up with a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group, following Flutterwave’s participation in the launch of Circle Payments Network in 2025.
This investment supports Flutterwave’s effort to embed USDC settlement directly into the payment flows businesses already use today. Merchants can collect locally and settle in USDC, reducing delays and costs while enabling near-instant settlement beyond traditional banking hours.
At the core of this investment is Flutterwave’s strategy to position stablecoins as critical financial infrastructure to provide reliable and fast settlements in Africa. By supporting USDC settlement within a compliance-first framework, Flutterwave enables blockchain-based payments that align with existing regulatory requirements and enterprise operating standards.
“This support from Circle Ventures
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