Ripple targets Africa’s booming remittance market with Flutterwave investment
CoinTelegraph·
60-second summary
Ripple is targeting Africa's booming remittance market with a significant investment in Flutterwave, one of the continent's largest fintechs. This partnership will bring Ripple's RLUSD, Ripple Payments, and XRPL to Flutterwave's vast customer base, further expanding blockchain remittances in Africa, a region with over $40 billion in annual remittances, driving growth in the global remittance market.
Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction.