Ripple has been known for their methodical strategy in selecting and backing partners to further their endgame of being one of the worlds leading FinTech companies. Ripple has the big picture in mind and understands that by hand picking great partners they can exponentially grown their ecosystem. Currency Cloud is one of these strategic Ripple partners and they recently announced nearing 500 clients – with most of the growth taking place in North America and Asia.
Much like the crypto market, FinTech companies have been flourishing amidst the COVID-19 crisis. This is no surprise as companies are rushing to adapt or die during these troublesome times. Moving money around the world is costly on traditional payment rails, therefore Ripple and their partners are offering dramatically better solutions for money services globally, which has partners and clients lining up at the door – makes sense.
Currency Cloud mainly focuses on business to business (B2B) cross boarder payments. Their volumes and traffic have doubled over the past 12 months totaling 3 billion dollars, which is really pushing them towards a fly wheel effect and accelerating both theirs and Ripples customer base.
Here are a few excerpts of Currency Clouds website which helps describe the “what” the “why” and the “who” in their company:
Currency Cloud has a lot of offer their customs when it comes to cross board payment solutions, we highly recommend checking their website out for yourself (click here) to explore what they do in greater detail. You will likely draw the same conclusion that we did, which is that Ripple is at it again! Always moving that ball forward and making progress. It’s consistent work like this with real world results that continues to make Ripple two steps ahead of everyone in the crypto And FinTech space.
