SAFE investment · Fintech

PiggyVest parent confirmed Flutterwave investment in February 2024

The investment was made in mid-2023 through an agreement for future equity.

PiggyTech, the parent of PiggyVest, confirmed a Flutterwave investment in a TechCabal report published on February 13, 2024. The investment was made in mid-2023 through a simple agreement for future equity, or SAFE.

Two sources cited by TechCabal put the investment at about $3 million; PiggyVest confirmed the transaction while keeping its terms undisclosed. The agreement provided capital ahead of a future equity round as the group continued its broader fundraising efforts.

Funding history

SAFE investment · This round~$3M
Seed$1.1M

Sources

  1. Flutterwave invested in PiggyVest’s parent company in 2023techcabal.com · Feb 13, 2024