Ripple Participates in Flutterwave Series E at $3.2 Billion Valuation, Backs RLUSD Integration

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XRP-3.86%
According to the company's statement, Ripple participated in Flutterwave's Series E funding on Tuesday (June 15), valuing the African payments company at $3.2 billion and backing strategic integration of RLUSD and the XRP Ledger into its payments infrastructure. The partnership centers on three core pillars: embedding RLUSD into Flutterwave's payment rails and remittance corridors as a settlement asset, using the XRP Ledger for faster transaction clearing, and deploying a unified API linking Flutterwave's domestic network with Ripple Payments. Flutterwave, which operates across 34 African countries, has raised more than $500 million to date and processed over 1 billion transactions worth more than $50 billion.
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