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Ripple invests in African fintech Flutterwave, valuing it at $3.3B to boost cross-border payments in Africa.

Market News
16 Jun 2026
Crypto news
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Bullish
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Ripple has acquired an equity stake in African fintech company Flutterwave, valuing the firm at $3.3 billion. This investment strengthens Ripple's presence in Africa amid rising demand for faster, cheaper cross-border payments. Flutterwave operates in 35 African countries and is a major player in the continent's payment infrastructure. Ripple's involvement is as a strategic equity investor, allowing it to benefit from Flutterwave's growth without a commercial partnership. This move complements Ripple's broader global expansion of payment networks across regions like Türkiye, Latin America, and the Middle East.

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