Ripple buys into Flutterwave Series E at $3.2 billion valuation, backs RLUSD integration
The Block·
60-second summary
Ripple invests in Flutterwave's $3.2 billion Series E funding round, backing RLUSD integration across 34 African markets through XRP Ledger. This strategic move expands Ripple's reach in the region, enhancing its cross-border payment capabilities. Ripple's investment bolsters Flutterwave's growth, solidifying its position as a leading fintech player in Africa and furthering Ripple's mission to bridge global financial divides.
Ripple backs Flutterwave's $3.2 billion Series E with RLUSD and XRP Ledger integration across 34 African markets through investment.