PaymentsSource: TransferGo launches with Ripple, but doesn't follow MoneyGram's...

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3 October 2018

London-based TransferGo is using Ripple’s blockchain platform to support digital money transfers from Europe to India. But TransferGo isn’t the first remittance company to work with Ripple — and it isn't on the same path that others have taken...

“The deal between TransferGo and Ripple makes sense from several perspectives,” said Celent senior analyst Zilvinas Bareisis “The U.K./Europe to India axis is a major remittance corridor, and blockchain-based technologies are well suited to facilitate cross-border payments. Ripple has been making good progress at expanding its network."

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News article details

Corporate Banking, Retail Banking
Media Type
News Articles
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America