- Announced a partnership with Ripple, the enterprise blockchain solution for global payments, to enable instant, more transparent
- Through RippleNet, Ripple’s global financial payments network Lemonway transform its euro-to-euro payouts
- Lemonway’s robust payment processing platform trusted and used by over 1,400 marketplaces in Europe
- Company finds it needs to increasingly manage large volumes of transactions across multiple merchants and regions across Europe
- Creates complexity in managing finances and often leads to delays of up to one week for payouts and settlements
- Partnership will see Lemonway improve its euro-to-euro payment corridors thanks to Nium’s global money transfer network
