Flutterwave has clarified that no $75 million investment from the Federal Government has been finalised or officially announced, following widespread reports suggesting otherwise.
In a statement issued on Tuesday, the fintech company said recent media coverage may have stemmed from ongoing discussions or interpretations of broader engagements, rather than any concluded transaction.
“At this time, Flutterwave has not announced any investment of this nature,” the company said, adding that such reports do not reflect any formally executed or disclosed deal.
The firm noted that conversations referenced in earlier reports relate to potential private capital participation, such as a Series E funding round or other pre-IPO positioning strategies, rather than a confirmed public offering.
Flutterwave said any future listing would depend on market conditions, regulatory readiness, and long-term value considerations.
The company added that it continues to engage with institutional and sovereign stakeholders as part of its growth strategy, but stressed that such engagements do not necessarily indicate a completed investment.
Flutterwave urged stakeholders to rely on official corporate disclosures, warning that ongoing market discussions are often subject to misinterpretation.
The company also highlighted its operational scale, noting that it has processed over $50 billion across more than one billion transactions, operates in over 30 countries, and holds more than 50 licences globally.
