Ripple Strengthens Partnerships And Invests In MoneyTap

[Galaxy]

Ripple and SBI Holdings are long-term partners. They founded the SBI Ripple Asia joint venture in 2016. Currently, Ripple is investing again, this time in SBI Holdings' subsidiary, MoneyTap. The collaboration became known due to the creation of the MoneyTap application, which uses Ripple blockchain technology to process international payments quickly and cheaply.

Using MoneyTap, it is possible to make and confirm payments in near real time by simply scanning a QR code. The app was released in October 2018 with financial support from SBI Holdings, Japanese leading banking consortium.
Info link: https://bitnewstoday.com/news/ripple-strengthens-partnerships-and-invests-in-moneytap/