PaymentsSource: TransferGo launches with Ripple, but doesn't follow MoneyGram's...

London-based TransferGo is using Ripple’s blockchain platform to support digital money transfers from Europe to India. But TransferGo isn’t the first remittance company to work with Ripple — and it isn't on the same path that others have taken...

“The deal between TransferGo and Ripple makes sense from several perspectives,” said Celent senior analyst Zilvinas Bareisis “The U.K./Europe to India axis is a major remittance corridor, and blockchain-based technologies are well suited to facilitate cross-border payments. Ripple has been making good progress at expanding its network."