• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Strategy Announces $2.1 Billion Equity Program for STRF Stock

    Strategy Inc. Launches $2.1 Billion ATM Equity for Bitcoin

    Spark and Breez Partner to Launch Bitcoin SDK

    Liquid Network Reaches $3.27 Billion in Total Value Locked

    Liquid Network Surpasses $3.27B TVL Milestone

    Two Prime Partners with MARA Holdings for 500 BTC Allocation

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ledger Unveils Solana-Branded Hardware Wallets

    Ledger Denies Solana-Branded Wallet Launch Claims

    Kraken to Launch Tokenized Stock Trading Globally

    Fartcoin Surges Amid Bullish Market Momentum

    Crypto Trader Doctor Profit Shifts XRP to Ethereum

    Sui Blockchain’s Cetus Protocol Suffers $260M Hack

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Africa-based Fintech Startup Flutterwave Joins RippleNet

Solomon M. by Solomon M.
October 23, 2018
in Latest News, Ripple
  • Ripple is in a global partnership spree with big announcements happening almost every week.
  • Nigerian financial technology company joins RippleNet.
  • RippleNet now has a network of more than 120 partners from many countries worldwide.

A new company from Nigeria, which was able to collect a considerable amount of funding, joins RippleNet and uses the xCurrent software solution.

The Nigerian Fintech startup Flutterwave collected 20 million dollars in the first financing rounds. Investors included the Ycombinator Continuity Fund, the Greycroft Venture Fund, Green Visor Capital and Glynn Capital.

Last year, the company was also awarded the Innovation Prize for the most innovative company in Africa. The company’s goal is to design a unified payment solution that will bring Africa in the area of ​​payment processing to an international level.

The company has made payments of $2 billion with a total of 25 million transactions in more than 33 different African countries. The current focus is on the African continent, and the company does not rule out further expansion.

The partnership between Ripple and Flutterwave plans to use Flutterwave’s core API and Ripples software solution xCurrent to make it easier for businesses around the world to make payments in P2P, B2B or B2C simply securely and cheaply.

The unbanked continent 

In Africa, many people do not have access to a bank account or the ability to send money quickly and cheaply to relatives or foreign companies. The company wants to solve this problem with Ripple’s Blockchain technology. So Africa benefits the most from this strategic partnership between Ripple and Flutterwave because it has the most people without bank accounts.

The announcement of this partnership has had no impact on the price of XRP so far. The price for XRP has fallen by around 1%  within the last 24 hours.

xCurrent is primarily used by banks to process global payment transactions for their customers and forms the basis for the technical connection of RippleNet. It’s the core product for financial institutions with real-time settlement and two-way messaging.

Image source: PixaBay

Tags: AfricaFlutterwaveRippleRippleNetxCurrent
Previous Post

Trade.IO lost 50 Million of its Native Tokens Stored in a “Cold Wallet”

Next Post

Tron [TRX] Arrives on the Fast Track; Updates Try to Thwart the Bear’s Hold

Solomon M.

Solomon M.

Related Posts

SEC Delays Decisions on Bitcoin, Ethereum ETF Redemptions

by Solomon M.
May 22, 2025

The SEC postpones decisions on Bitcoin, Ethereum ETF proposals, affecting market dynamics.

Michigan House Proposes Ban on CBDC Advocacy

by Adriana M.
May 22, 2025

Michigan introduces bills to ban state-level support for CBDC, affecting digital asset regulations.

Fed to Halt Bond Purchases, Crypto Markets React

by Solomon M.
May 22, 2025

Fed's decision to stop bond buying impacts Bitcoin and Ethereum prices, increasing market volatility.

5 Highest Potential Crypto Picks for 2025: BlockDAG, Ethereum, Solana, XRP & Litecoin 

5 Highest Potential Crypto Picks for 2025: BlockDAG, Ethereum, Solana, XRP & Litecoin 

by tommy
May 22, 2025

Explore the highest potential crypto for 2025, featuring BlockDAG’s $260M raise, Ethereum’s upgrade, Solana’s CCIP, XRP futures, and Litecoin’s breakout...

JU Miner Launches to Offer Short-Term Crypto Mining Plans

by Solomon M.
May 22, 2025

JU Miner, a UK-registered cloud mining platform, offers new short-term investment plans for Bitcoin, Ethereum, and USDT payouts.

David Sacks Predicts GENIUS Act Stablecoin Bill Passage

by Solomon M.
May 22, 2025

David Sacks expects the GENIUS Act to pass, reshaping stablecoin markets and boosting U.S. Treasury demand.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.