Ripple Targets China’s $67 Billion Remittance Market, Plans to Open New Office in Shanghai

Monday, February 4, 2019

Ripple is looking for a country manager to launch a new office in Shanghai, China. The San Francisco-based fintech startup says the new tech savvy leader with entrepreneurial energy will spearhead efforts to bring the new international office online, broadening Ripple’s reach in Asia.

The new hire will help shape Ripple China to expand RippleNet’s growing list of 200 banks and financial institutions. To penetrate the Chinese market, Ripple is looking for a seasoned professional with a proven track record and a network of contacts. Candidates will need to be “deeply familiar with the payments landscape (across commercial banks, central banks, payment providers, regulators, etc.) and how it works not just in mainland China but also Greater China.”

Photo courtesy of Christian Ditaputratama.

Source: The Daily Hodl (link opens in a new window)

blockchain, digital finance, fintech, remittances