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Home Crypto Updates

Ripple Backs Flutterwave in the Series E Funding Round

19/06/2026
in Crypto Updates
Reading Time: 4 mins read
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Key Takeaways:

Ripple has invested strategically within the Sequence E funding spherical of Flutterwave for $3.2 billion, valuing the African fintech agency at that quantity.RLUSD, Ripple Funds and XRP Ledger can be built-in by Flutterwave to broaden using stablecoins for cross-border funds.The partnership is designed to hurry up the adoption of digital property, entry to liquidity and settlement velocity throughout Africa.

Ripple is increasing its fee technique worldwide with a recent funding in Africa’s greatest fintech startup Flutterwave. It’s a vital merger between Ripple’s blockchain community and Flutterwave’s increasing stablecoin ecosystem, marking a major development within the course of real-world crypto funds throughout the continent.

Learn Extra: Ripple’s RLUSD Goes Multichain on 40+ Networks, Increasing Entry to USD Liquidity

ripple-flutterwaveripple-flutterwave

Ripple Invests in Flutterwave’s $3.2 Billion Enlargement

Flutterwave revealed that Ripple joined its Sequence E funding spherical, which estimated the corporate’s present valuation at $3.2 billion. Monetary phrases weren’t revealed however the partnership isn’t merely for capital however relatively relating to infrastructure’s integration.

Large information! 🌍🚀@Ripple has made a strategic funding in Flutterwave as a part of our Sequence E fundraising spherical.

We’ve spent years constructing our stablecoin infrastructure and right this moment it’s stay commercially with choose retailers.

Collectively, we’re integrating RLUSD, Ripple Funds,… pic.twitter.com/hzP9GBcaLb

— Flutterwave (@theflutterwave) June 16, 2026

The businesses plan to attach Ripple’s RLUSD stablecoin, Ripple Funds community, and the XRP Ledger (XRPL) immediately into Flutterwave’s ecosystem.

Flutterwave says its stablecoin platform is already in use for real-world transactions with choose companies and is below trial on some elements of its Ship App for remittances service. The Ripple collaboration goals to hurry up that course of.

With the funding, Ripple will add to its fee companies for companies and customers that extends past merely cryptocurrency transactions into RLUSD.

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RLUSD and XRPL Transfer Into African Cost Rails

Whereas remittances and cross-border commerce proceed to be one of many greatest markets on this planet for Africa, the prices of settlement, problems with liquidity and delays in sending cash throughout borders stay an issue for companies.

RLUSD as a settlement asset will assist Flutterwave to make transactions simpler and minimize out intermediaries banking networks.

Learn Extra: Ripple CTO Holds XRP Solely After Large Beneficial properties, Warns Crypto Traders to Promote Some

Stablecoin Infrastructure Turns into a Core Enterprise Technique

In response to Flutterwave, a long-term effort to construct compliance programs, liquidity operations, fee infrastructure and treasury creation has been the idea for its stablecoin technique.

flutterwaveflutterwave

The corporate careworn that the stablecoins are to not exchange conventional finance. Reasonably than that, it witnesses the cohabitation of digital property and fiat programs in a standard monetary system.

Incorporating Ripple Funds and XRPL ought to facilitate faster transaction settlement and provide corporations with extra regular liquidity entry. The businesses additionally intend to create a single bridge between Flutterwave’s native fee system and Ripple’s cross-border fee system.

Ripple Expands Actual-World Utility for RLUSD

The collaboration comes on the heels of a quickly aggressive stablecoins enviornment on this planet. In distinction to all crypto-native markets, Ripple has been working to function extra circumstances involving enterprise funds.

In response to Reece Merrick, Managing Director for Center East and Africa, at Flutterwave, stablecoins at the moment are an integral a part of the fee infrastructure. The partnership will drive up the adoption of RLUSD along with additional growth of XRP Ledger utilization related to real-world operations, he mentioned.

The partnership will allow the event of a extra steady African fee roadmap and improve sooner and cheaper worldwide funds for African companies, the Flutterwave founder mentioned.

Having already processed greater than $50 billion in transaction quantity and over one billion transactions, Flutterwave is positioning itself as a serious gateway between conventional monetary programs and blockchain-powered settlement networks, with RLUSD and XRPL now changing into key items of that technique.





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