Ripple: Notched $200M in Series C funding
- The investment also continues to prove blockchain’s value in enhancing global payments
- Ripple’s Series C is just one moment along the company’s journey to change the way the world moves money
- Ultimately, this investment supports Ripple’s broader vision for the Internet of Value (IoV) to enable the world to move value
- In separate news, reports surfaced in November that Ripple had invested $50M in MoneyGram
- The deal was finalized and also announced by both firms in late November
- MoneyGram said it’s going to use the capital to make as well as grow the On-Demand Liquidity payment system