#flutterwave Tech News.
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The latest flutterwave news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks flutterwave across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Ripple acquired a stake in African fintech Flutterwave. The investment deepens Ripple's presence in Africa's cross-border payment market. Flutterwave processes payments across the continent for businesses.
Ripple acquired an equity stake in Flutterwave as part of the African payments startup's Series E round, which values the company at $3.2 billion. Flutterwave seeks to accelerate growth through payments expansion and strategic partnerships.
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.
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