Ripple is taking a stake in Flutterwave as part of Flutterwave’s Series E fundraising, with both companies describing the move as support for expanding stablecoin-based payments across Africa. Flutterwave says the strategic investment comes from Ripple, a provider of blockchain enterprise solutions for traditional and digital finance, and is intended to strengthen Flutterwave’s stablecoin strategy. The announcement frames the partnership as a way to connect Flutterwave’s existing cross-border settlement capabilities with enterprise-grade digital liquidity.
Multiple outlets report that the deal is positioned to accelerate cross-border payments by leveraging stablecoin payments infrastructure. Legit.ng also reports that the investment increases Flutterwave’s valuation, citing a figure of $3.3 billion. Yahoo Finance similarly highlights Ripple’s stake in Flutterwave and links it to the broader rollout of stablecoin payments across the continent.
Overall, the sources agree the investment is strategic, tied to Flutterwave’s stablecoin roadmap, and aims to enhance cross-border payment capabilities in Africa.
