Partner

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Inpay, a rapidly growing European fintech company, has <a href="https://www.inpay.com/news-and-insights/inpay-strengthens-tranglos-global-expansion/">enhanced</a> the expansion of Tranglo, a global payment service provider (PSP), into Europe.
This has been done through the implementation of Instant SEPA, which made it possible to enable instant payout services across the continent.&nbsp;
The partnership, which commenced with 12 key SEPA countries, is set to extend Tranglo’s reach to an additional 24 European nations.&nbsp;
This collaboration marks a significant stride in Inpay’s broader expansion strategy, particularly into the Asian market. &nbsp;
<h2 id="the-right-partner-to-support-scalability">The right partner to support scalability</h2>
Inpay’s regulatory compliance, overseen by the Danish FSA, and its expertise in risk management are crucial to Tranglo’s scaling efforts.&nbsp;
The partnership enables Tranglo to offer cost-effective, multi-currency, cross-border payments in SEPA regions. This would significantly reduce transaction times and costs compared to traditional methods.&nbsp;
Customers benefit from transparent fees and reliable transfer times, thanks to Inpay’s efficient processing and broad network.&nbsp;
Jacky Lee, Tranglo Group CEO, stressed the importance of shared goals and robust risk management in selecting Inpay as a partner, praising their ability to manage complex payment flows and regulatory demands effectively.
<h2 id="a-strategic-alliance-with-ripple">A strategic alliance with Ripple</h2>
Since 2022, Tranglo has been a key player in Ripple’s on-demand liquidity (ODL) service, enabling instant, cost-efficient cross-border payments across 25 payment corridors without the need for pre-funding.&nbsp;
This followed the successful pilot of the <a href="https://u.today/ripple-sensationally-rebrands-odl-service-details">ODL</a> service, which processed transactions worth USD 48 million in its initial stages. Ripple’s acquisition of a 40% stake in Tranglo in 2021 aimed to enhance the reach and efficiency of RippleNet and its ODL service, which utilizes the digital asset XRP.&nbsp;
The partnership with Ripple has allowed Tranglo to offer improved payout services and expand its global footprint, providing remittance and payment solutions across a vast network.

Ripple Partner Expands Into Europe

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