Ripple

Ripple

Ripple is infrastructure technology that empowers financial institutions to make real-time, cross-border transactions for their customers. Ripple’s distributed tools and global network enable speed, certainty and reach at a lower settlement cost than previously possible. The Federal Reserve System is reviewing faster payment strategies for the U.S., including Ripple for greater interoperability.

In a world where three billion people are connected online, cars drive themselves and appliances can communicate, global payments are still stuck.

Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.

Ripple is built on the most advanced blockchain technology that is scalable, secure and interoperates different networks.

FUNDING ROUNDS*

TOTAL FUNDING: $93,600,000

  • June, 2017
  • April, 2017
  • Sept, 2016  / $55,000,000
  • Oct, 2015 /  $4,000,000
  • May, 2015 / $28,000,000
  • Nov, 2013 / $3,500,000
  • May, 2013 / $1,500,000
  • March, 2013 –
  • Oct, 2012 / $500k

COMPANY DETAILS

Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.

With offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 100 financial customers around the world.