Dutch startup TerraPay announced a new investment, and also announced a partnership with various companies, including Ripple.
TerraPay Confirms Ripple Partnership: Details
Dutch startup TerraPay announced a new investment, noting a contribution of $ 9.6 million. Also in the TerraPay press release was confirmation that the startup is a Ripple partner. According to the announcement, TerraPay has established partnerships with global companies such as Western Union, Visa, Xpress Money, MoneyTrans, Paga, Ria, Instant Cash, Ripple and MoneyGram.
Given that MoneyGram is also indicated among the companies, cooperation with Ripple, obviously, can further indicate the creation of a new project for three companies. It is also interesting that the Dutch startup was created by Comviva, an Indian provider of mobile solutions and a subsidiary of Tech Mahindra Ltd. For Ripple, expansion in India is very important, so there may also be a strategy here.
It was previously known that Ripple reveals a global expansion strategy