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

Flutterwave, an African payments infrastructure company, has reached a valuation of $3.2 billion. The company has gained the backing of blockchain company Ripple, which has invested in and partnered with Flutterwave. This investment and partnership are expected to further enhance Flutterwave's capabilities in the payments sector. Ripple's support is a significant milestone for the African startup, solidifying its position in the global payments landscape.

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