- Tranglo a global cross-border payment processing hub that supports business payments, mass payout, payment collection
- Ripple provides one frictionless experience to send money globally using the power of blockchain technology
- Ripple announced that it agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo
- This partnership allows Ripple to meet growing customer demand in the region and expand the reach of On-Demand Liquidity (ODL)
- Tranglo play a critical role in supporting existing corridors, such as the Philippines, and introducing new ODL corridors
- Ripple’s investment in Tranglo a reflection of the company’s deepened commitment to enriching the payments ecosystem