Ripple Labs has been awarded the Platinum Prize for Finest Cross-Border Funds Platform by Juniper Analysis’s Future Digital Awards for Fintech & Funds 2024. The announcement was made on October 8 by way of Juniper Analysis’s official X account : “The Platinum Prize for Finest Cross-border Funds Platform goes to … Ripple for Ripple Funds.”
In response to the accolade, the fintech agency expressed its gratitude on X: “We’re happy to announce that Ripple has been named a Platinum Winner in Finest Cross-Border Funds Platform by Juniper Analysis’s Future Digital Awards for Fintech & Funds 2024!”
Ripple Leads In Cross-Border Funds
Based in 2001 by business marketing consultant Tony Crabtree through the telecoms and dot-com downturn, Juniper Analysis has developed into a number one analyst agency specializing within the cell and digital tech sectors in Europe. The Future Digital Awards acknowledge organizations which have made vital contributions to their business and are poised to make a substantial impression sooner or later.
The choice course of includes an preliminary evaluation by a panel of Juniper Analysis analysts, who consider entries primarily based on standards resembling product innovation, options and advantages, strategic partnerships, certification and compliance, and future enterprise prospects. Shortlisted candidates endure a scoring course of, and winners are confirmed by a judging panel of specialists.
Ripple Funds was acknowledged for being the primary resolution to deal with the “multi-trillion-dollar challenges” in cross-border funds by using blockchain and cryptocurrency at scale.
In keeping with Juniper Analysis, Ripple is “the main supplier of digital asset infrastructure for monetary establishments—delivering easy, compliant, dependable software program that unlocks efficiencies, reduces friction, and enhances innovation in international finance. Because it has developed, Ripple Funds has expanded from a cross-border funds community to a platform offering tokenized services that may convey crypto capabilities to enterprises – paving the way in which for a future the place digital belongings are entrance and middle.”
Notably, the Gold Winner in the identical class is dLocal, a long-term Ripple companion. dLocal is a number one cross-border cost platform specializing in high-growth international markets, serving as a strategic companion for worldwide companies increasing into rising economies.
The Future Digital Awards additionally acknowledged a number of different corporations throughout varied sectors. Amongst others, within the realm of banking innovation, SAP Fioneer obtained the Platinum Award for Banking-as-a-Service Innovation with its Digital Account Administration resolution. For digital id innovation, Signicat was honored with the Platinum Award for its MobileID.
TreviPay’s Monetary Accomplice Gateway secured the Platinum Award for Banking Innovation of the 12 months. In open banking innovation, Token.io was the Platinum Winner, and Mastercard’s Open Banking for Account Opening took the Gold Award.
In “CBDC Innovation”, EMTECH’s Past Suite secured the Platinum Award, whereas Ripple was honored with the Gold Award, marking one other recognition for the corporate.
Notably, this isn’t the primary time Ripple has been recognized by Juniper Analysis. Final yr, Ripple was awarded the Platinum Award for “CBDC Innovation” on the Future Digital Awards for Fintech & Funds 2023.
At press time, XRP traded at $0.53.
Featured picture from Shutterstock, chart from TradingView.com
