Ripple is a technology company specializing in blockchain and cryptocurrency solutions, focusing on enabling fast and cost-effective cross-border payments.
Flutterwave’s Bank Acquisition Plan Signals a Bigger Ambition: Becoming Africa’s JPMorgan
Flutterwave is planning to acquire a bank in East Africa as part of its strategy to become a licensed financial institution. The CEO confirmed that the acquisition is aimed at gaining regulatory foothold and existing customer base.
Flutterwave Secures Strategic Investment From Circle Ventures
Flutterwave announced a strategic investment from Circle Ventures to embed USDC settlement into its payment systems. The investment aims to reduce delays and costs while enabling near-instant settlement for businesses.
The Miami startup building blockchain settlement rails for African governments
Sub-Saharan Africa received $56 billion in remittances in 2024, indicating a significant flow of money into the region. Global Settlement Network (GSX) is entering the African market to build blockchain-based financial infrastructure, with Uganda as its flagship project.
Ripple bets on Flutterwave at $3.2B to bring stablecoin rails to African payments
Flutterwave has secured a strategic investment from Ripple as part of its Series E round. The investment values Flutterwave at $3.2 billion.
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
Flutterwave announced a Series E funding round valuing the company at $3.2 billion. Ripple made a strategic equity investment in Flutterwave to support expansion in Africa.
