Ripple

Ripple is an American blockchain company headquartered in San Francisco, California. It offers payment solutions for businesses and is the issuer of the XRP cryptocurrency. The platform is available in more than 55 countries and supports over 120 currencies.

The company claims that its RippleNet network processes payments in 3+ seconds and does not require money pre-funded to make international transfers. Ripple also runs the RIppleX platform, which allows developers to integrate payment solutions into applications. The company provides a line of credit service, which allows to delay payments using XRP.

Ripple is used by hundreds of financial companies across the world, including Bank of America, Santander and SendFriend. Ripple's security is SOC 2 certified. The company also conforms to the ISO 20022 payment standard.

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Funding Round
Funding Amount
Post-Money Valuation
$  Share Price
Series C1 Oct 2020
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Series B15 Sep 2016
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Series A1 Apr 2015
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Investors

AccentureAccenture
Digital Currency GroupDigital Currency Group
Blockchain CapitalBlockchain Capital
Andreessen HorowitzAndreessen Horowitz
IDG CapitalIDG Capital

News related to Ripple

RippleRipple • 2 Oct 2023

Ripple CEO Immortalizes XRP With New Tattoo, BTC Price in ...

Ripple CEO Immortalizes XRP With New Tattoo, BTC Price in October Foreshadowed by This Pattern, Shibarium Approaches Major Achievement: Crypto News Digest ...

https://www.investing.com/news/cryptocurrency-news/ripple-ceo-immortalizes-xrp-with-new-tattoo-btc-price-in-october-foreshadowed-by-this-pattern-shibarium-approaches-major-achievement-crypto-news-digest-by-utoday-3188257
RippleRipple • 29 Sep 2023

Ripple's legal victory fuels IPO speculation and potential $107 billion ...

In a recent turn of events, Ripple (XRP) emerged victorious from its legal battle with the US Securities and Exchange Commission (SEC)....

https://www.investing.com/news/cryptocurrency-news/ripples-legal-victory-fuels-ipo-speculation-and-potential-107-billion-valuation-93CH-3186495
RippleRipple • 29 Sep 2023

Ripple cancels Fortress Trust acquisition, retains investment By ...

Crypto company Ripple has decided to cancel its acquisition of Fortress Trust, a Nevada-based chartered trust company, less than a month after announcing ...

https://www.investing.com/news/cryptocurrency-news/ripple-cancels-fortress-trust-acquisition-retains-investment-93CH-3186296
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