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Flutterwave Valuation Reaches $3.3 Billion After Ripple Investment
PYMNTS·
African FinTech startup Flutterwave has achieved a valuation of $3.3 billion following an investment from blockchain company Ripple. While the specific investment amount and stake size were not disclosed, CEO Olugbenga Agboola confirmed the new valuation. This significant funding round underscores Flutterwave's rapid growth and its strategic importance in the African digital payments landscape. The investment from Ripple, a prominent player in blockchain technology, suggests a potential synergy between traditional fintech services and decentralized ledger technology.
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fintech
funding
crypto
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PYMNTS — pymnts.com