Ripple announced its partnership with two companies, Interbank and Vitesse. Interbank facilitates its users by giving them, ATM services as well as the change machines for exchanging the notes for the coin. It is a Peruvian bank and operates from the nation’s capital, Lima.
Interbank was founded in 1897 by Elias Mujica. Currently, it has assets worth 4 billion dollars. The other company that is joining Ripple is Vitesse. The UK based Vitesse was launched in 2013. It provides cross-border payment services to the banks with the help of a network known as a globally distributed settlement network.
Ripple also published the list of its users or customers who have actively been using XRP. The list included companies like MoneyGram, TransferGo, goLance, InstaReM, SendFriend, and Mercury FX.
Ripple pointed out that these two companies are perfect because both Interbank and Vitesse focus on international-based payments which is what Ripple specializes in. The company believes that this could turn out to be a very beneficial pairing. Let us know in comments what do you think of Ripple’s partnership with two banks?