Payments startup Flutterwave hits $3.2B valuation, backed by Ripple

In Brief Posted: 8:35 AM PDT · June 16, 2026 Image Credits:Getty Images Dominic-Madori Davis Payments startup Flutterwave hits $3.2B valuation, backed by Ripple African payments infrastructure company Flutterwave announced Tuesday a Series E round that values the company at $3.2 billion. This round, notably, includes an equity investment from payments blockchain company Ripple. The company did not reveal the size of this round, although Flutterwave says it has now raised more than $500 million in funding to date. Ripple’s stake is part of a plan to help both companies expand financial services on the African continent.

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