Remessa Online has announced cross-border payments from Brazil into the UK and Europe thanks to the partnership with Ripple

The Brazilian platform for international transfers Remessa Online has announced cross-border payments from Brazil into the UK and Europe thanks to the partnership with Ripple.

The Brazilian platform for international transfers Remessa Online has announced that it has been able to increase its cross-border payments from Brazil to the UK and Europe. This is thanks to a partnership between Ripple, the leader in enterprise and blockchain solutions, and its global financial technology RippleNet, and Modulr, the leading embedded payments platform in the UK and Europe.

Sendi Young, Managing Director, Europe, Ripple, commented:

Our partnership with Modulr will enable Remessa Online to remove many of the inefficiencies associated with legacy payments technology. In doing so they will be in a position to offer their customers reliable, cost-effective and more transparent cross-border payments from Brazil into the UK and Europe, and at the same time supercharge the performance and scale of their business.