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§ Venture Capital · San Francisco, CA, USA
Ripple is a provider of stablecoin-powered cross-border payments and digital asset custody solutions.
Ripple develops enterprise crypto solutions that modernize global financial infrastructure. Its core offerings, including payments, stablecoin, and digital asset custody, utilize the XRP Ledger to enable efficient, compliant cross-border transactions and value exchange. This technology streamlines processes for businesses and financial institutions worldwide.
Co-founded in 2012 by Chris Larsen and Jed McCaleb, Ripple’s inception addressed the inefficiency of traditional systems for global value transfer. Their vision aimed for value to move with the speed and ease of information. The foundational XRP Ledger technology itself was initially conceived in 2011 by David Schwartz, Jed McCaleb, and Arthur Britto.
Ripple serves financial institutions, payment providers, fintechs, and crypto businesses, empowering them to integrate digital assets and access new markets. The company's vision is to foster an inclusive, streamlined global financial system, eliminating economic borders and realizing the transformative "Internet of Value."
Ripple has raised $1.8B across 8 funding rounds.
Key people at Ripple.
Ripple was founded in 2012 by Chris Larsen (Co- founder & Executive Chairman) and Ryan Fugger (Founder) and Arthur Britto (Founder).
Ripple has raised $1.8B in total across 8 funding rounds.
Key people at Ripple.
Ripple has raised $1.8B across 8 funding rounds. Most recently, it raised $500.0M Other Equity in November 2025.
Ripple was founded in 2012 by Chris Larsen (Co- founder & Executive Chairman) and Ryan Fugger (Founder) and Arthur Britto (Founder).
Ripple has raised $1.8B in total across 8 funding rounds.
Ripple's investors include Citadel Securities, Fortress Investment Group, Brevan Howard, Galaxy Digital, Marshall Wace, Pantera Capital, Tetragon Financial Group, Route 66 Ventures, SBI Group, Abstract Ventures, Stuart Peterson, Mouro Capital.
Ripple is a fintech company specializing in stablecoin-powered cross-border payments and digital asset custody solutions. Its flagship product, RippleNet, enables financial institutions to settle international transactions quickly, securely, and at a fraction of the cost of traditional systems. Ripple’s solutions are designed for banks, payment providers, and asset managers seeking to modernize global remittance and custody infrastructure. By leveraging blockchain technology and its native digital asset XRP, Ripple addresses the inefficiencies of legacy payment rails, offering real-time settlement and reduced liquidity costs. The company has experienced strong growth, securing partnerships with hundreds of financial institutions worldwide and expanding its footprint in digital asset custody and compliance.
Ripple traces its roots to the early 2000s with Ryan Fugger’s RipplePay, a decentralized peer-to-peer payment network launched in 2004. However, the modern Ripple company was founded in 2012 by Chris Larsen, Jed McCaleb, David Schwartz, and Arthur Britto. Inspired by Bitcoin’s potential but concerned about its energy inefficiency, McCaleb, Schwartz, and Britto developed the XRP Ledger (XRPL), a blockchain designed for fast, low-cost transactions without mining. Larsen, a serial fintech entrepreneur, joined to commercialize the technology, bringing his experience from E-Loan and Prosper. The company, initially called OpenCoin, launched XRP in 2012 and quickly pivoted to focus on institutional adoption. McCaleb departed in 2013 due to strategic disagreements and later founded Stellar, while Larsen remained as executive chairman, steering Ripple toward regulatory compliance and enterprise partnerships.
Ripple is at the forefront of the global shift toward blockchain-based financial infrastructure. As traditional banks and payment providers seek to modernize, Ripple’s technology offers a bridge between legacy systems and the future of decentralized finance. The company benefits from growing demand for faster, cheaper, and more transparent cross-border payments, driven by globalization and the rise of digital assets. Ripple’s focus on regulatory compliance positions it as a trusted partner for institutions navigating the complex crypto landscape. By enabling stablecoin-powered transactions and secure custody, Ripple is helping to mainstream blockchain adoption in finance.
Ripple is poised to play a pivotal role in the evolution of global payments, especially as stablecoins and digital assets gain traction. The company’s ability to balance innovation with regulatory compliance will be key to its continued growth. Future trends such as central bank digital currencies (CBDCs) and increased institutional interest in crypto could further accelerate Ripple’s adoption. As the fintech landscape evolves, Ripple’s influence is likely to expand, shaping the future of cross-border payments and digital asset management. Its journey from a decentralized payment idea to a global fintech leader underscores the transformative potential of blockchain in finance.