In a significant move to enhance its global presence, Travelex Bank has partnered with Ripple to leverage its cutting-edge payment technology. This strategic alliance has enabled Travelex to access new markets and customers, marking a pivotal moment in the evolution of cross-border transactions.
Unlocking New Markets and Customers Travelex Bank’s decision to integrate Ripple’s global payments network has yielded impressive results. Within a year, the bank acquired ten new clients, underscoring the potential of Ripple’s extensive reach. By tapping into Ripple’s network, which covers over 90% of the foreign exchange (FX) market, Travelex has significantly expanded its ability to serve customers worldwide.