Published On Dec 17, 2021
Novatti was invited by Ripple to share our experience with RippleNet and our recent partnership. Our CEO was interviewed to share our learnings and experiences to date. We are looking forward to another year of payments!
Novatti has joined Ripple’s global payment network tapping RippleNet’s On-Demand Liquidity (ODL) service — which leverages its XRP token for instant, cross-border payments — to make remittance payments from Australia to Southeast Asia cheaper and faster.
The partnership with Novatti follows Ripple’s acquisition of a 40% stake in Asian cross-border payments specialist Tranglo last month as part of the expansion of its RippleNet global payments network.
“Ripple’s APAC momentum continuing strong with Novatti – iRemit sending payments through ODL,” tweeted Asheesh Birla, general manager of RippleNet, Ripple’s global payments network for financial institutions.