Ripple Backs Flutterwave in the Series E Funding Round

6 hours ago 5

Rommie Analytics

Key Takeaways:

  • Ripple has invested strategically in the Series E funding round of Flutterwave for $3.2 billion, valuing the African fintech firm at that amount.
  • RLUSD, Ripple Payments and XRP Ledger will be integrated by Flutterwave to broaden the use of stablecoins for cross-border payments.
  • The partnership is designed to speed up the adoption of digital assets, access to liquidity and settlement speed across Africa.