Ripple Labs has been awarded the Platinum Prize for Greatest 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 Greatest 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 Greatest 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 trade advisor Tony Crabtree in the course of the telecoms and dot-com downturn, Juniper Analysis has advanced into a number one analyst agency specializing within the cellular and digital tech sectors in Europe. The Future Digital Awards acknowledge organizations which have made vital contributions to their trade 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 based mostly on standards akin to 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 consultants.
Ripple Funds was acknowledged for being the primary answer to deal with the “multi-trillion-dollar challenges” in cross-border funds by using blockchain and cryptocurrency at scale.
In response to 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 world finance. Because it has advanced, 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 best way for a future the place digital property are entrance and heart.”
Notably, the Gold Winner in the identical class is dLocal, a long-term Ripple accomplice. dLocal is a number one cross-border fee platform specializing in high-growth world markets, serving as a strategic accomplice for worldwide companies increasing into rising economies.
The Future Digital Awards additionally acknowledged a number of different corporations throughout numerous 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 answer. For digital identification innovation, Signicat was honored with the Platinum Award for its MobileID.
TreviPay’s Monetary Associate 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 12 months, 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
