Ripple has announced a partnership with Lithuania’s FINCI to provide retail remittances and B2B payments through RippleNet’s On-Demand Liquidity (ODL). Thanks to this partnership, FINCI’s customers can make seamless payments between Europe and Mexico, a PR from Ripple said.
Ripple-FINCI Partnership
FINCI is an online cross-border money transfer provider, while RippleNet’s ODL provides crypto-enabled international payments. ODL taps into global crypto liquidity to give customers enterprise-grade solutions in cross-border payments. Ripple is the market leader in crypto-powered cross-border payments.
For the blockchain-focused company, FINCI is the first customer in Lithuania, and it brings the opportunity to explore the market further. Lithuania is seen as one of the most crypto-friendly nations in Europe. It’s also the first in the region to come up with its CBDC.
“We’re delighted that FINCI is our latest ODL deployment in Europe and are looking forward to soon announc
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