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Ripple: Notched $200M in Series C funding | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Ripple: Notched $200M in Series C funding

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

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