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Ripple Acquires Stake in Flutterwave Valuing It at $3.3 Billion

Ripple Acquires Stake in Flutterwave Valuing It at $3.3 Billion
Bloomberg Technology Tuesday 16 June 2026, 11:00 UTC By Emele Onu 1 min read
Key Points

Startups Ripple Acquires Stake in Flutterwave Valuing It at $3.3 Billion Flutterwave Inc., one of Africa’s most valuable financial-technology startups, sold an equity stake to Ripple, as it seeks to accelerate growth through payments expansion and strategic partnerships. The investment by the blockchain company takes Flutterwave’s valuation to $3.3 billion, Chief Executive Officer Olugbenga Agboola said in an interview. He declined to disclose the amount invested or the size of Ripple’s...

Startups Ripple Acquires Stake in Flutterwave Valuing It at $3.3 Billion Flutterwave Inc., one of Africa’s most valuable financial-technology startups, sold an equity stake to Ripple, as it seeks to accelerate growth through payments expansion and strategic partnerships. The investment by the blockchain company takes Flutterwave’s valuation to $3.3 billion, Chief Executive Officer Olugbenga Agboola said in an interview. He declined to disclose the amount invested or the size of Ripple’s shareholding in the company.
Ripple Acquires Stake (ORG) Startups Ripple Acquires Stake (ORG) Africa (LOCATION) Ripple (ORG) Flutterwave (ORG) Olugbenga Agboola (PERSON)
Originally published by Bloomberg Technology Read original →

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