Founded in 2012, Ripple is a provider of leading enterprise blockchain solutions for global payments. Ripple’s global network, RippleNet allows banks and financial institutions to process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. With offices in San Francisco, New York, London, Mumbai, Singapore, São Paolo and Sydney, Ripple has more than 200 customers around the world, across 40 countries and 6 continents.
Ripple’s development is based on the next generation of the BlockChain technology, that allows money transfers globally, from and to banks and financial entities., to be immediate, secured, documented and efficient. How? By transferring money directly with no need for correspondents.
From their San-Francisco HQ, and with offices in New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 100 partners around the globe. Ripple is building a technology which strives to be efficient and fast, with low cost and full transparency. Analysts assess that Ripple will significantly affect the transfers and remittance industry.
After a long and precise process GMT was chosen to be Ripple’s representative in Israel, by so joining Ripple, and its partners, in creating a global financial system, with high-end technology and values such as; transparency and affordable costs.
GMT is joining companies like MoneyGram, AmericanExpress, CIBC, Earthport, AKBANK and many more, who are already authorized to use Ripple’s platform.
This partnership is establishing GMT’s place in the forefront of the Israeli Fintech industry, also allowing us to work side by side with some of the leading companies in the world.