Ripple: Launches in Brazil

Ripple: Launches in Brazil

Ripple: Launching operations in Brazil and bringing in former American Express

  • The company already has more than a dozen Brazilian financial institutions
  • The company is experiencing rapid customer growth across all markets
  • Sacco stated that Ripple intends to bring more clients to its payment network RippleNet
  • The company is adding an average of two to three new financial institutions to RippleNet
  • Ripple’s efforts in Brazil are extending beyond the financial sector, supporting academic research into blockchain
  • Innovative and initiative firms invested in blockchain research are USP and FGV