Venture capital investment in British businesses has raised $1.5 billion for only six months.
According to SCB, the new cross-border payments services will satisfy the demand for better international fund transfers.
Ripple launched On-Demand Liquidity using XRP in 2018. Since then, the firm now has over 24 clients including Azimo and MoneyGram.
Ripple’s XRP Ledger is all set to get new improvements and features in the upcoming updates scheduled ahead this week on Wednesday. These features will add additional support to the XRP protocol.
Ripple’s partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank.
The partnership between Ripple and Coinone is spreading quite impressively and controlling a large part of the Korean international remittance market.
The partnership between Ripple and Bitso is proving fruitful as millions of Latin Americans can use the service to send cross-border payments and enjoy cheap, fast and efficient transactions.
Within its new partnership with Ripple, Azimo will use Ripple’s On-Demand Liquidity service for fast payments into the Philippines.