Ripple Takes Equity Stake in Flutterwave at $3.3B, Bringing RLUSD and XRP Ledger to African Payments
— By Whatsertrade in Crypto markets

Ripple has taken an equity stake in African fintech Flutterwave at a roughly $3.3 billion valuation, with plans to integrate its RLUSD stablecoin and the XRP Ledger into cross-border payments, starting in Nigeria.
Ripple has acquired an equity stake in African payments company Flutterwave, valuing the fintech at roughly $3.3 billion, the companies announced on June 16, 2026, according to reporting from CoinDesk and Bloomberg. Financial terms of the stake were not disclosed.
What the deal includes
Flutterwave will integrate Ripple's payments stack, including the XRP Ledger, Ripple Payments infrastructure, and the RLUSD stablecoin, into its network. Nigeria is the initial rollout market, with the agreement covering broader African corridors for cross-border commercial payments and remittances.
Why Africa, and why now
Demand for faster and cheaper cross-border payments has been rising across Africa, where traditional remittance rails are slow and expensive. Stablecoins and on-chain settlement are increasingly used to move value between corridors at lower cost, and the deal deepens Ripple's push into the region.
RLUSD at the center
The integration is built around RLUSD, Ripple's stablecoin, alongside the XRP Ledger and Ripple Payments. The companies said the partnership could help businesses move money across borders faster and at lower cost than legacy systems.
You can track XRP and other assets with the DEXTools XRP to USD converter. This article is for information only and is not financial advice.