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Flutterwave secures Ripple investment to boost stablecoin payments and cross-border services in Africa

Market News
16 Jun 2026, 17:08 WIB
Blockonomi
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Bullish
Flutterwave secures Ripple investment to boost stablecoin payments and cross-border services in Africa

Flutterwave has received a strategic investment from Ripple as part of its Series E funding round, aiming to enhance its stablecoin-powered payment infrastructure. The partnership will integrate Ripple's RLUSD stablecoin, Ripple Payments, and XRP Ledger into Flutterwave's ecosystem, which is already live with select merchants. This collaboration targets faster settlements, better liquidity, and lower transaction costs for cross-border payments across Africa. Flutterwave's broader strategy includes linking digital assets with traditional finance, supported by its Nigerian banking license and the acquisition of Mono for improved financial data and compliance capabilities.

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