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Ripple, the US-based currency exchange and remittance network, is donating $ 10 million to Mercy Corps, a non-profit humanitarian aid organization, to “expand financial inclusion and increase economic power at the global”.
Ripple, through a nonprofit unit, works with NGOs, universities and industry partners to “bring the 1.7 billion bankless adults into a modernized global financial system that harnesses the promise of financial technology,” he said. the company in its press release.
Mercy Corps will work with RippleWorks in several countries to support the development of fintech solutions involving blockchain and digital assets.
