Ripple said it made a strategic investment in Flutterwave in the African payments company’s Series E funding round, which valued Flutterwave at $3.2 billion. The companies are pairing the equity investment with planned technology links, including adding Ripple’s dollar-backed stablecoin RLUSD as a core payment asset on Flutterwave’s payment network and remittance app Send App. The deal deepens Ripple’s push into cross-border payments infrastructure through an established African fintech, where stablecoin-based settlement could help lower transfer costs and speed transactions, though execution across markets can still face regulatory and technical hurdles.