Flutterwave raises Series E at $3.2B valuation
Flutterwave has closed a Series E funding round that values the Nigerian payments company at $3.2 billion, marking a new high-water mark for African fintech valuations. The raise sets a fresh benchmark for late-stage capital access on the continent.
Flutterwave: stablecoins are the real story, not the valuation
The $3.2 billion number will dominate the headlines. But the Ripple partnership buried inside this round is what actually deserves attention.
Flutterwave is embedding Ripple's RLUSD stablecoin — a digital dollar — directly into its payment network, so merchants can settle cross-border transactions in digital dollars rather than navigating the costly, slow correspondent banking system that currently bleeds African businesses dry.
This isn't a feature. It's a bet that the plumbing of African commerce is about to change — and that whoever owns that plumbing wins the next decade.
Story timeline · 2 days
- Jun 20, 20267Flutterwave-Ripple tie-up adds regulated stablecoin layer to African payments
Following its $3.2B Series E close, Flutterwave has now announced a stablecoin settlement partnership with Ripple, adding a regulated dollar-denominated layer to its payments infrastructure.
- Jun 18, 20269· this storyFlutterwave raises Series E at $3.2B valuation
Sources · 1
- Flutterwave lands Series E, pushes valuation to $3.2 billiontechpoint.africa · T1