Flutterwave hits $3.25 billion valuation in Ripple-backed Series E

Flutterwave raised a Series E round at a $3.25 billion valuation with investment from Ripple. Ripple's RLUSD stablecoin and XRP Ledger will integrate into Flutterwave's payment infrastructure for cross-border settlement in Africa. Flutterwave's CEO cited Ripple's technology, regulatory credibility, and cheaper cross-border money movement as key factors.