Providing Our Clients With Expert
Advice And Industry Best Practices
Call US TODAY
864-649-6300
English Spanish
Menu
Search

In The News

Home > Acquisitions > Ripple introduces Line of Credit; a beta service to fund instant cross-border payments
Oct13 - 20

Ripple introduces Line of Credit; a beta service to fund instant cross-border payments

Ripple, an enterprise blockchain solutions for payments has announced the launch of Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP.

Limited access to working capital is a primary barrier to growth for many companies. Many FinTechs and small and medium-sized enterprises (SMEs) lack the capital and resources to compete. Faced with stalled growth, customers turn to create bespoke credit arrangements with each partner, in each destination market. Each arrangement requires additional overhead and management, making it burdensome, slow and an ultimately inefficient process. Read the complete article HERE.

Categories

Archives

Events

October
26 - 28, 2020

Money20/20 has always been about uniting the FinTech and Financial Services community, even in the toughest of times. In our enthusiasm and commitment to the…

November
16-19, 2020

Our largest IMTC Conference made its home in Miami, offering colleagues in North America, Latin America, the Caribbean, Europe, Asia & Africa, an attractive and…

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

Call Now Button