Nigerian startup Flutterwave secures $170 million in capital injections from investors, now valued at over $1 billion
CNN
Flutterwave, an African fintech startup has secured $170 million in capital injections from investors, the firm said in a statement Wednesday.
The new capital flows -- facilitated by "a leading group of international investors" -- will bolster Flutterwave's client base in the global market, the statement said. "The fundraise brings the total investment in Flutterwave to USD $225 million and is one of only a very small number of African fintech companies to have raised significant funds in a period of widespread disruption and economic uncertainty," the statement added.Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.