Ripple Takes Stake in Flutterwave at $3.3B Valuation

Ripple has reportedly taken a stake in African payments company Flutterwave, valuing the fintech firm at approximately $3.3 billion, up from its previous $3 billion valuation.

The investment is linked to Ripple’s broader push into cross-border payments, with Flutterwave’s established payments infrastructure across Africa expected to play a key role in strengthening access to regional remittance corridors. This positions both companies closer within the global payments ecosystem.

Source: Bloomberg