Ria Money Transfer Beefs Up Cross Border Finance Trading in New Pair with Ripple’s RippleNet
Known for a multitude of partnerships, Ripple has just begun a new team up with Saudi Arabia’s British Bank. SABB has been in the market for a new partner to help set up an instant cross-border payment service. Ripple is the 1st choice of the company, also agreeing the move is a good one for them both. Michael J. Brown, Chairman, President, and CEO is excited about the new endeavor with SAAB as is the entire community within the cryptocurrency space. Ria Financial Services will soon be partnered with Ripple to see the cross-border payment system come to fruition.
Ripple’s growth through partnerships has been exponential, the new collaboration will also help to increase the company’s value, this time digitally and physically. SAAB will also gain much considering Ripple’s worldwide network it will now be a part of. Currently, Ripple has partnerships with more than 200 financial institutions around the world.
Brown was heard to say at the recent Euronet Conference,
“We signed an agreement with Ripple that gives Ripple access to Ria’s global physical and digital footprint, also allowing Ria’s customers to connect and transact with Ripple’s network which includes more than 200 financial institutions worldwide.”
No more information was given that the announcement of the collaboration. Ripple has also offered partnerships to other institutions as well, it’s likely more will answer the call soon.