Ripple Labs Inc.

Founded in 2012 and based in San Francisco, CA, Ripple Labs Inc. f. k. a OpenCoin Inc.

operates as a financial technology company that used blockchain technology to facilitate secure cross-border payments and digital asset transactions for financial institutions. The company was founded by Chris Larsen and Jed McCaleb and has raised a total of USD 299. 38 million across 9 deals to date. Ripple Labs Inc.

offers a suite of financial infrastructure solutions that empower financial institutions to seamlessly integrate blockchain technology and digital assets into their operations. The cornerstone of Ripple's offerings includes payment systems, custody services, and stablecoin solutions designed to facilitate instant, secure, and compliant cross-border transactions. These products aim to solve the inefficiencies associated with traditional banking systems, particularly in global payments and asset tokenization. Ripple's payment solutions enable clients, such as banks, fintechs, and payment service providers, to bypass traditional correspondent banking, thereby reducing transaction times and costs.

The company serves a diverse global client base across various markets, including North America, Europe, Asia, and Latin America, focusing on enhancing the financial capabilities of organizations engaged in international trade and remittance services. Ripple Labs Inc. generates revenue through its institutional-grade financial solutions tailored for banks and payment service providers. Revenue streams predominantly derive from transaction fees associated with its payment processing services, as well as subscription-based models for access to its custody and digital asset solutions.

In typical transactions, financial institutions may pay a fee for each cross-border payment processed through Ripple's network, designed to offer speed and efficiency compared to traditional methods. Additionally, partnerships with clients enable Ripple to provide customized solutions that integrate stablecoins into their payment infrastructures, enhancing client capabilities and leading to increased transaction volumes and additional service fees. In November 2025, Ripple Labs Inc. raised USD 500 million in venture funding co-led by Fortress Investment Group, Citadel Securities, Galaxy Asset Management, Pantera Capital, Brevan Howard Investment Management, and Marshall Wace.

The company will use the funding to expand crypto payment solutions, grow custody and prime brokerage services, and support stablecoin adoption for institutional clients.