Ripple Invests in Flutterwave at $3.2 Billion Valuation, Backs RLUSD Integration
techfintechcryptobusinessvc 2 posts · 2 accounts
Ripple has made a strategic investment in Flutterwave's Series E round at a $3.2 billion valuation and backed the integration of RLUSD and XRPL into Flutterwave's infrastructure.
Flutterwave said the move is part of its stablecoin-first payments strategy and is intended to enable faster, cheaper cross-border payments across Africa. The integration would place RLUSD and XRPL into the company's payments network.
From the sources (2 posts)
@theblockcoRipple buys into Flutterwave Series E at $3.2 billion valuation, backs RLUSD integration
@techarena_keFlutterwave has secured a strategic investment from Ripple as it doubles down on its stablecoin-first payments strategy. The move integrates RLUSD and XRPL into its infrastructure to enable faster, cheaper cross-border payments across Afr