Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram this June.

As Yahoo! Finance reported on Aug. 9, Ripple’s deal with MoneyGram — the second-largest remittances firm worldwide — saw it purchase a 10% stake in the entity, with an option to increase its investment by a further $20 million within two years. 

Moneygram starts using xRapid

MoneyGram began using Ripple’s xRapid liquidity product on Aug. 3 — a central stipulation of the $30 million deal — as revealed by Moneygram CEO…



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Author: Marie Huillet

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