New Ripple For Good Insights Drop Focuses on Establishing a Global Footprint with Tipping Point
Ripple focuses on facilitating cross-border payments and it does this with several of its products, including xVia, xRapid, and XCurrent. During an episode of Ripple Drop, the company also presented its plan to establish a global footprint and to gain a better understanding of its customers’ needs in various regions around the world.
— Ripple (@Ripple) March 29, 2019
Heading the discussion was Jinal Surti, the platform’s director of business operations. During the episode, he shared that the platform was in the process of hiring local team members so that they could open offices worldwide. In addition to opening local offices, the platform was also working to hold regional events in the same area. Surti continued,
“We are a cross-border payments company, by definition we have to be global because our customers are global, the regions behave slightly differently, so what we’re doing is we’re hiring teams that are closest to the customers in those regions to make sure that those regional differences are taken into account as we expand our presence.”
The platform is also seeking to become more than just a technology company. Ken Weber, the platform’s head of social impact, also participated in the discussion and shared that the company has donated $1 million to Tipping Point. Weber stated in relation to the donation,
“We recently announced a 1 million dollar gift a tipping point Tipping Point is a San Francisco based organization that works with a carefully selected portfolio of community-based organizations to help individuals and families in the Bay Area or are too poor to meet their basic needs.”
The purpose of the donation is to improve the Ripple's social impact. With such efforts, the platform just may be able to achieve it’s goals of generating a global footprint.