Work Here?
About Ripple
Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1,001-5,000
Company Stage
Series C
Total Funding
$284.2M
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 capability to implement Central Bank Digital Currencies (CBDCs), which are secure digital versions of national currencies, exemplified by its partnership with Palau. Ripple differentiates itself by focusing on enterprise solutions that lower capital requirements and drive new revenue for its clients. The company's goal is to transform financial transactions by making them more transparent and efficient.
Simplify's Take
What believers are saying
- Ripple's partnership with BDACS enhances its presence in the Asia-Pacific region.
- The $50M grant to the National Cryptocurrency Association fosters a supportive digital asset ecosystem.
- Ripple's roadmap for an institutional DeFi ecosystem could attract institutional investors.
What critics are saying
- Release of one billion XRP tokens may lead to market volatility.
- U.S. cryptocurrency reserve plans could increase regulatory scrutiny on Ripple.
- South Korea's stringent regulations may challenge Ripple's expansion efforts.
What makes Ripple unique
- Ripple offers a real-time global payment system using blockchain technology.
- Ripple's FX Market Making solution minimizes FX exposure and counter-party risk.
- Ripple partners with governments to create secure Central Bank Digital Currencies.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$284.2M
Above
Industry Average
Funded Over
4 Rounds
Lightspeed Venture Partners
Founders Fund
Andreessen HorowitzIndustry standards
Benefits
401(k) Plan
Healthcare Coverage
Health and Wellness
Family Support
Flexible Vacation
Employee Giving
Learning and Development
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↑ 0%2 year growth
↑ 0%On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first ever “Crypto Summit” was held. President Donald Trump, flanked by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. “AI and Crypto Czar” David Sacks, addressed the more than two dozen crypto executives and federal agency representatives gathered to provide feedback on how the U.S. can become a leader in the digital asset space. “Unfortunately, in recent years the U.S
National Cryptocurrency Association launches with $50M grant from Ripple.
In a move to position the United States at the forefront of the digital asset landscape, President Donald Trump’s administration plans to create a U.S. cryptocurrency reserve. The strategy, revealed Sunday (March 2), goes further than previous campaign promises around a “stockpile” of crypto seized by law enforcement. A crypto reserve implies that the U.S. government will buy and hold cryptocurrencies with American tax dollars. It’s not just any cryptocurrencies, however
Ripple has once again released a substantial amount of XRP into circulation, drawing attention from the crypto community.
Yong-Soo Chung left his job as a software engineer at Ripple in 2015 after the startup was fined.
Ripple is Hiring for 74 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Ripple
Industries
Fintech
Crypto & Web3
Financial Services
Company Size
1,001-5,000
Company Stage
Series C
Total Funding
$284.2M
Headquarters
San Francisco, California
Founded
2012
Ripple is Hiring for 74 Jobs on Simplify!
Find jobs on Simplify and start your career today