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 Rating 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 capability 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 from competitors by focusing on enterprise solutions that lower capital requirements and drive new revenue streams for its clients. The company's goal is to transform financial transactions by making them more transparent and efficient.

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Hidden Road expands Ripple's prime brokerage services in digital assets.
  • Integration of RLUSD enhances Ripple's digital payment solutions with diverse currency options.
  • Ripple's collaboration with BCG positions it strategically in the tokenization trend.

What critics are saying

  • 37% drop in RLUSD trading volume indicates potential instability or market confidence issues.
  • $1.25 billion acquisition of Hidden Road could strain Ripple's resources if integration fails.
  • Rapid growth of agentic AI in crypto could threaten Ripple's market position.

What makes Ripple unique

  • Ripple uses blockchain to enable direct transactions without central correspondents.
  • Ripple offers FX Market Making to minimize FX exposure and counter-party risk.
  • Ripple's CBDC solutions meet high security standards for central banks.

Help us improve and share your feedback! Did you find this helpful?

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

1%

2 year growth

1%
Crypto News Focus
Apr 17th, 2025
Ripple Integrates RLUSD Into Payment System, but Faces 37% Volume Dip

Ripple has officially added RLUSD to its payment platform, marking a strategic move to enhance its digital payment solutions despite the stablecoin's recent drop in trading volume.

BlockNests
Apr 16th, 2025
Ripple Integrates RLUSD Stablecoin into Global Payment Services Amid Trading Volume Surges

Ripple announced the new feature through X which represents its ongoing initiative for bettering worldwide business operations.

Timestabloid
Apr 12th, 2025
Bitcoin-Dedicated Platform Says Ripple Has Changed the Game for XRP Forever. Here's why

By linking RLUSD and XRP with the core functions of a major prime broker, Ripple aims to offer a full-stack solution that meets the needs of institutional finance.

Captain Altcoin
Apr 9th, 2025
Got $500? Here's Whether XRP or Cardano (ADA) Could 10x Before the Next Bull Run

Ripple also introduced the Teucrium 2x Long Daily XRP ETF, offering leveraged exposure to the asset for U.S. traders.

Business Wire
Apr 9th, 2025
Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B in One of the Largest Deals in the Digital Assets Space

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion, repre...

Recently Posted Jobs

Sign up to get curated job recommendations

Ripple is Hiring for 69 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Ripple's jobs every few hours, so check again soon! Browse all jobs →