Tag "Ripple"

FOMO Pay Taps Ripple’s Liquidity Solution for Same-Day Settlements Globally

Singapore-based major payments institution FOMO Pay announced that it will utilise Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows. Ripple’s On-Demand Liquidity (ODL) leverages XRP, the digital asset built for payments as a bridge between two fiat currencies,

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Ripple Deepens Partnership With Tranglo Following 40% Stake Acquisition

Ripple, the provider of enterprise blockchain and crypto solutions for cross-border payments, announced new milestones in its partnership with cross-border payment firm Tranglo’s Singapore arm. This follows Ripple’s intent to acquire a 40% stake in Tranglo to scale the footprint

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Ripple Doubles Down on NFTs, Tokenisation Projects With US$250 Million Fund

Ripple, a provider of enterprise blockchain and crypto solutions, announced a US$250 million fund to explore non-fungible token (NFT) and other tokenisation projects on the XRP Ledger. The XRP Ledger is a decentralised, public blockchain led by a global developer

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Bhutan Set to Pilot Carbon-Neutral CBDCs With Ripple in Financial Inclusion Push

The Royal Monetary Authority (RMA), Bhutan’s central bank, announced that it will pilot a central bank digital currency (CBDC) in phases with Ripple’s CBDC solution. Building atop the country’s payments infrastructure and capabilities, this new initiative will tap Ripple’s CBDC

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GME Remittance Joins RippleNet for Payments Push From South Korea to Thailand

Global Money Express (GME Remittance), a non-bank remittance service provider in South Korea, has joined Ripple‘s blockchain-based payments network, RippleNet to accelerate and scale payments from South Korea to Thailand. This partnership was established through SBI Ripple Asia, a joint

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Ripple Joins Singapore NFT Marketplace Mintable’s US$13 Million Series A Fundraise

Ripple announced that it has made an investment in Mintable, a Singaporean non-fungible tokens (NFTs) marketplace that allows users to seamlessly create, buy, and sell digital items using fiat or cryptocurrency, during its US$13 million Series A funding round. The

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Ripple Appoints Former Uber Exec to Lead Southeast Asian Operations

Ripple  announced the appointment of Brooks Entwistle as Managing Director of Southeast Asia to lead and scale the company’s operations in the region. Based out of Ripple’s Southeast Asia headquarters in Singapore, Brooks Entwistle brings three decades of senior management

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Thai Fintech DeeMoney Partners with Ripple for Cross Border Money Transfers

DeeMoney, a fintech company based in Thailand specializing in digital cross-border money transfers, today announced its platform is now processing live transactions, in partnership with Ripple. DeeMoney is the first non-bank institution in Thailand to use RippleNet. As recent as

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Azimo and Ripple Teams Up for Cross Border Remittance to The Philippines

Azimo, a European based money transfer service, announced today that it has partnered with Ripple, the enterprise blockchain solution for global payments. Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper cross-border

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Thai’s Oldest Banks Teams up With Ripple For Remittance

Thailand’s oldest bank has partnered with Ripple to create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. Eight of the top ten countries using mobile payments can be found in Asia. According to a recent

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