Bitsky000

06/16 17:43

Ripple targets Africa’s remittance market with Flu

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Ripple targets Africa’s remittance market with Flutterwave investment Blockchain payments company Ripple has acquired an equity stake in African fintech giant Flutterwave, deepening its push into one of the world's fastest-growing cross-border payments markets. Flutterwave CEO Olugbenga Agboola said the undisclosed investment values the company at $3.3 billion, according to Bloomberg. The deal gives Ripple exposure to Africa’s expanding payments ecosystem while providing Flutterwave with additional resources to scale its financial infrastructure.

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