MarketPR
African payments infrastructure company Flutterwave has reached a $3.2 billion valuation, with blockchain firm Ripple joining as both investor and strategic partner.
The deal links one of the continent's most prominent payments networks to a company whose $XRP token is designed to move value across borders at settlement speed.
What the Deal Connects Flutterwave's core business is payments infrastructure across Africa — the rails that merchants, banks, and businesses use to send and receive money.
Ripple's stated focus is cross-border payment settlement using blockchain technology.
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