In the first quarter of the year, after a drop in its sales of XRP tokens. The California-based fintech company Ripple sold more in the second quarter thanks to demand from institutional buyers. Total sales of Ripple’s XRP ended in the second quarter at USD 32.55M, compared to USD 1.75M in the first quarter. A […]
Airwallex, a member of Australian fintech unicorn and RippleNet, raised $160 million in a funding round led by Australian ‘big four’ bank, ANZ. Also, San Francisco-based cloud software firm, Salesforce. Moreover, it involves the round with current investors Tencent, Sequoia Capital China, DST Global and Horizons Ventures. Taking the sum of $362 million earned by […]
Blockchain-based financial services network RippleNet provides a safe, convenient, and easy-to-use wallet for holders of the cryptocurrency XRP, and the features to their system’s ledger may be expanding. RippleNet has been developed significantly since it was created in 2012. The system’s users have long had the ability to perform transactions on a decentralized ledger. Soon […]
Remittances giant MoneyGram announces a new service allowing real-time money sending, but the solutions of its blockchain partner Ripple aren’t involved. MoneyGram recently makes FastSend public. It’s a brand new service that allows its customers to send money in real-time to a phone number via a dedicated website or mobile application. Still, the firm’s answers […]
PNC Financial Services Group, Inc. has become the first-ever American bank to process cross-border payments. It will use Ripple’s global payment network for the payments…
For the first time, South America is bullish in Ripple’s underlying technology. Chile’s financial entity “Currency Bird” has signed a partnership deal with Ripple. With this, Currency Bird has joined the list of significant players that are already employing Ripple’s product across their payment services…
Finablr, a UAE-based payments and foreign exchange firm, has announced its collaboration with Ripple to introduce a blockchain-based payment service to streamline cross-border remittances and payment system in Thailand. The company has stated that its brands, namely UAE Exchange and Unimoni, are partnering with Ripple to make money transfer across borders faster and more secure. The organization has also disclosed its plans to extend its services to other countries, gradually.
RippleNet has announced the availability of Ripple XRP on EO.Finance, a European licensed crypto wallet, and crypto-fiat exchange. The addition of the cryptocurrency to EO.Finance will enable consumers to buy XRP using their credit and debit cards. Moreover, they can also exchange a number of cryptocurrencies to XRP and vice-versa, along with the facility of deposits and withdrawals.
National Bank of Kuwait (NBK) has launched RippleNet-reliant NBK Direct Remit service. The service will be available to all NBK customers who have access to NBK Online Banking. As reported, the tool will allow customers to have a secure and reliable remittance service at lesser costs. Moreover, the online banking services will be available 24/7, easing transfers from anywhere and anytime.
Amir Sarhangi, senior developer at Google’s new wireless messaging service is soon to join Ripple as vice president of products. He will handle the global payments network of RippleNet. In 2015, Google acquired Sarhangi’s startup that develops new technology for wireless carriers to implement rich communication system (RCS).