Young Nigerians on social media have been pretty excited, after news emerged that electronic payments company, Flutterwave, is now on its way to being listed in New York, after the tech startup raised $170 million from investors.

Flutterwave is one of several fintech groups aiming to facilitate and capitalise on a booming African/Nigerian payments market driven by increased mobile phone use and faster internet speeds, Reuters writes.

Young Nigerians have been applauding the startup’s successes, amid a tough operating domestic environment.