Ripple Invests in Flutterwave at a $3.3 Billion Valuation

Chainthink

Release Time: 06/16/2026 11:25:15

XRP

$1.1388-0.76%

Summary

Ripple has invested in Flutterwave at a $3.3 billion valuation, supporting growth in Africa’s fintech ecosystem. CEO Olugbenga Agboola confirmed the valuation but did not disclose the investment amount or equity stake. The move aims to expand Flutterwave’s payment services and establish strategic partnerships. On-chain data shows increased activity across Ripple’s network as the company strengthens its global footprint.

ChainThink reports, according to Bloomberg, Ripple has acquired an equity stake in African fintech company Flutterwave at a $3.3 billion valuation.

Flutterwave CEO Olugbenga Agboola confirmed this valuation in an interview but declined to disclose Ripple’s exact investment amount or equity stake.

This investment aims to help Flutterwave accelerate its growth by expanding its payment business and forging strategic partnerships.

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