Ripple’s Partner InstaReM Joined Visa’s Fast-Track Program For Its FinTech Payments System

InstaReM, a fintech company from Singapore which is a RippleNet member, has recently joined Visa’s fintech fast-track program for the Asia Pacific Region, according to a press release emitted by the company.

The fast-track program is an initiative made by Visa that aims to help other companies to deploy their commerce solutions quickly using Visa’s services as a basis. The idea from the partnership, as affirmed in the press release, is to create new solutions that could help to move money around countries quickly while the users can enjoy a seamless experience during the transfers.

InstaReM And Ripple

The Singapore-based fintech joined Ripple last year. The partnership happened during the half of the year, which means that the crypto market was starting to get burned from the bear market at the time.

However,, which works in over 55 countries, does not seem eager to abandon Ripple. It has been using both xVia and xCurrent so far and it has also been recently showcased on The Ripple Drop, Ripple’s video channel.

According to its CEO, Prajit Nanu, which has talked about the relationship last May, as soon as ties between the two companies were done, Ripple has provided the company with a very valuable service that they can offer to their clients in order to make cross-border transactions without any kind of issue.

The Partnership With Visa And The Future

InstaReM is also very excited to work with Visa. Nanu has affirmed today that the company is happy to work with the payment processor and that they will now be able to issue cards considerably quite faster than before, which was one of the main reasons for the partnership.

Visa’s Head of Digital Partnerships at the Asia Pacific Region, Hamish Moline, is also happy to be in this partnership. According to the head officer, InstaReM will be highly benefited from being a part of the program and it will help Visa as well in order to expand the reach of the company.

Fortunately for Ripple, the partnership between the two companies is still strong and there are already plans to use Ripple’s payments services before the half of 2019.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Gabriel Machado
Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

US Lawmakers Propose Two New Bills to Streamline Digital Asset And Crypto Exchange Regulation

The U.S. Senate released two new bills on Thursday, aiming to provide regulatory clarity on digital assets. The first, introduced by Congressman Tom Emmer...

European Commission Proposes Legislation to Turn Crypto-Assets into Regulated Financial Instruments

The European Union is set out to regulate crypto assets in the bloc, in the world’s most comprehensive set of rules to protect its...

Is Bitcoin Out of the Woods Yet or Are We Looking for Deeper Losses?

This week has been somewhat of a whirlwind. We entered the week on a negative note, with a weak performance on the past weekend. On...

Despite Regulatory Uncertainty, Huobi Exchange Launches A Mobile Trading App for Russian Users

Huobi, one of the leading crypto exchanges, launches a mobile trading app for its Russian customers. The new mobile trading app would allow Russian...

Parity Technologies Releases Substrate 2.0 to Build Custom, Scalable Blockchains Interoperable with Polkadot

Substrate has achieved a major milestone; the blockchain framework has released version 2.0, which is also compatible with Polkadot, which, along with Kusama, is...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today