African fintech firm Flutterwave raises $35M, partners with Worldpay

San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa.

With the funding, Flutterwave  will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch.

The company will also expand capabilities to offer more services around its payment products.

New Arizona Development Bans Residents From Bringing Cars

Culdesac is a $140 million Arizona development is banning residents from bringing their own cars in favor of scooters, bikes and ride-sharing, testing demand for a new type of walkable neighborhood.

The 1,000-person rental community, which broke ground this month in Tempe, won’t allow residents to park cars on site or in the surrounding area as a term of their leases. The founders say it will be the first of its kind in the U.S.