Flutterwave Valuation Hits $3.3 Billion Following Ripple Investment

Flutterwave sold an equity stake to Ripple, lifting its valuation to $3.3 billion. CEO Olugbenga Agboola declined to disclose the investment amount or share size. The deal gives Ripple access to one of Africa's largest fintech networks while Flutterwave gains infrastructure to expand blockchain-based payment services.