New partners from Africa for Ripple: flutter wave enters RippleNet
Home News New partners from Africa for Ripple: flutter wave occurs RippleNet in
Marcel Knobloch –
The RippleNet now has a network of more than 120 partners from the most diverse countries in the world. A new Startup out of Nigeria, that a considerable funding was able to collect the sum, the RippleNet and will use the software solution xCurrent.
The Nigerian Fintech Startup flutter wave has collected in the first rounds of financing capital in the amount of 20 million US dollars. The lenders, among other things, the Ycombinator Continuity Fund, grey Croft Venture Fund Green Visor Capital and Glynn Capital. Furthermore, the company was awarded last year with the Innovation Award for Africa’s innovativestes company.
The goal of the company is to design a unified payment solution for Africa in the area of payment brings processing to a uniform level.
The company has processed payments in the amount of $ 2 billion, with a total of 25 million transactions in over 33 different African countries. The current focus is strongly on the African continent, where the company excludes further Expansion.
The cooperation between Ripple and flutter, wave, flutter waves Core API and Ripples software solution xCurrent to make it easier for companies worldwide, and payments in P2P, B2B or B2C area safely and efficiently.
In Africa, many people have no access to a Bank account or the possibility of money quickly and economically to relatives or companies from abroad. This is exactly the Problem the company wants to solve with the support of Ripple’s block chain technology.
The announcement of this partnership so far showed no effect on the price of XRP. The price of XRP recorded within the there is an 24 hour a Minus in the amount of 1.63 per cent to 0.39 euros.