MoneyMatch, a Malaysian Fintech company, completed its first cross-border transfer on RippleNet, Ripple’s enterprise blockchain platform using an API solution. The company is approved by the Malaysian Central Bank and the transaction allowed the client to convert Malaysian Ringgits (MYR) to Euros (EUR) quickly and at a “significantly lower cost” compared to traditional transfer services. After sending the first cross-border payment to Spain, MoneyMatch also sent payments to Germany, Latvia, and Ireland. RippleNet allows users to send money using xVia, an API solution that sends payments over RippleNet but does not require the installation of new software. Currently, more than 100 financial institutions are using RippleNet.
Source: https://www.ccn.com/malaysia-to-spain-asian-fintech-completes-ripple-blockchain-api-payment/
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Best step its mean ripple is growing up day by day its value
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