What to know:
Ripple joined Flutterwave’s Series E round to support RLUSD expansion.RLUSD integration targets faster settlements and improved cross-border payments.Flutterwave plans broader digital asset connectivity across African markets.
Ripple has joined Flutterwave’s Series E funding round as the African payments company accelerates plans to expand RLUSD-powered payment services across the continent. According to a press release on Tuesday, Ripple’s stablecoin infrastructure and Flutterwave’s extensive payment network are creating new opportunities for faster cross-border settlements and digital asset adoption in Africa.
The partnership will integrate Ripple’s RLUSD stablecoin, Ripple Payments network, and the XRP Ledger into Flutterwave’s ecosystem. Consequently, businesses using Flutterwave’s services could gain access to more efficient settlement options for international transactions.
Flutterwave disclosed that the Series E round values the company at $3.2 billion. Moreover, the investment reflects growing institutional confidence in stablecoin-based payment infrastructure as demand for faster global transfers continues to increase.
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RLUSD Integration Becomes Central to Flutterwave’s Expansion Strategy
A major objective of the partnership is to expand the use of RLUSD across Flutterwave’s payment rails and Send App remittance corridors. As a result, the stablecoin is expected to play a larger role in facilitating settlements between African businesses and global markets.
In addition, Flutterwave plans to leverage the XRP Ledger for transaction clearing while connecting its domestic payment network with Ripple Payments through a unified API. This structure is designed to improve liquidity access and reduce delays commonly associated with traditional cross-border transactions.
According to Reece Merrick, Managing Director for the Middle East and Africa at Ripple, Flutterwave has built one of the region’s most advanced payment infrastructures. He said Ripple’s investment will help establish RLUSD within that ecosystem while supporting stablecoin transactions through the XRP Ledger.
The collaboration also seeks to address challenges that continue to affect international payments across Africa. Businesses often face settlement delays, multiple intermediaries, and higher transaction costs. However, both companies believe stablecoin-powered infrastructure can improve efficiency while delivering more predictable transaction outcomes.
Flutterwave Eyes Faster Settlement and Lower Costs
Flutterwave Founder and Chief Executive Officer Olugbenga Agboola described the investment as an important step in the company’s growth strategy. He said, “This investment marks a pivotal moment in our journey, enabling us to significantly scale our infrastructure and expand our stablecoin-enabled payments roadmap.”
Agboola added, “By unlocking faster settlement and lower-cost cross-border payments, we are building a payment superhighway that connects African commerce directly to the global economy.”
Flutterwave enters this phase of expansion with significant scale already established, having raised more than $500 million and processed over one billion transactions valued at more than $50 billion.
Through the Ripple partnership, Flutterwave aims to strengthen the connection between traditional financial services and digital asset infrastructure while expanding RLUSD-powered payments across Africa.
In conclusion, Ripple’s participation in the Series E round reinforces Flutterwave’s long-term strategy to broaden stablecoin adoption and improve payment connectivity throughout the continent.
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Originally published at https://36crypto.com on June 16, 2026.
Ripple Backs Flutterwave Series E to Expand RLUSD Payments Across Africa — 36Crypto was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.