Ripple

Ripple

Blockchain-based financial transaction solutions provider

About Ripple

Simplify's Rating
Why Ripple is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Fintech

Crypto & Web3

Financial Services

Company Size

1,001-5,000

Company Stage

Series C

Total Funding

$292.2M

Headquarters

San Francisco, California

Founded

2012

Overview

Ripple provides financial services using blockchain technology and cryptocurrency to enhance transaction efficiency. Its platform allows clients, including financial institutions and governments, to conduct real-time settlements, manage liquidity, and access working capital, making transactions faster and more cost-effective. A key feature of Ripple is its ability to support Central Bank Digital Currencies (CBDCs), which are secure digital versions of national currencies, exemplified by its partnership with Palau to create a national digital currency. Ripple differentiates itself by offering scalable and sustainable solutions that improve cash flow and reduce costs for its clients. The company's goal is to transform financial transactions by providing tools that facilitate instant payments and lower capital requirements.

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Simplify's Take

What believers are saying

  • Partnership with BNY Mellon enhances regulatory compliance and institutional trust.
  • XRPL Accelerator in Singapore fosters innovation and adoption in Asia.
  • EVM sidechain expands XRP Ledger's functionality for Ethereum developers.

What critics are saying

  • Competition from Stellar and SWIFT could erode Ripple's market share.
  • Regulatory scrutiny in the US and EU could impact Ripple's operations.
  • Cryptocurrency market volatility poses risks to Ripple's financial stability.

What makes Ripple unique

  • Ripple offers real-time global payments without central correspondents.
  • Ripple's FX Market Making minimizes FX exposure and counter-party risk.
  • Ripple's CBDC solutions meet high security standards for central banks.

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Funding

Total Funding

$292.2M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$200M
Ripple

Benefits

401(k) Plan

Healthcare Coverage

Health and Wellness

Family Support

Flexible Vacation

Employee Giving

Learning and Development

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

0%
Coingape
Jul 9th, 2025
Ripple Taps $2 Trillion AUM BNY Mellon for Custody of RLUSD Reserves

Ripple has partnered with BNY Mellon, a global financial institution managing over $2 trillion in assets, to serve as the primary custodian for RLUSD reserves.

Coin Journal
Jul 9th, 2025
BNY Mellon to custody Ripple's stablecoin reserves

Ripple partners with BNY Mellon to custody RLUSD reserves, aiming to enhance regulatory compliance and institutional trust.

CoinCentral
Jul 4th, 2025
Ripple Partners with Tenity to Boost XRPL Startups in Singapore

Ripple and Tenity have launched the XRPL Accelerator program in Singapore to support early-stage startups using XRP Ledger.

CoinsHolder
Jul 4th, 2025
Ripple and Tenity Launch Blockchain Accelerator in Singapore to Boost XRPL Innovation

Ripple, a prominent player in enterprise blockchain and crypto solutions, has partnered with global fintech incubator Tenity to introduce a new accelerator program aimed at supporting entrepreneurs building on the XRP Ledger (XRPL).

Born2Invest
Jul 2nd, 2025
Ripple Launches EVM Sidechain to Boost XRP in DeFi

Ripple launches EVM sidechain to boost XRP in DeFi.

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