Ripple hired Brooks Entwistle to accelerate its work across Southeast Asia. Entwistle, who previously held managerial positions with names such as Uber and Goldman Sachs, will be responsible for Southeast Asia’s work.
Brooks Entwistle, who has 30 years of experience in the finance industry, will serve as Ripple’s Southeast Asia Managing Director. The head of the Singapore office will direct partnership efforts across the region.
— Ripple (@Ripple) March 19, 2021
Summary Of Ripple Activities In Asia
Ripple works with financial institutions such as BKK Forex, Siam Commercial Bank, iRemit, DeeMoney in the region.
Southeast Asia is considered the fastest-growing market for RippleNet technology.
In 2020, RippleNet had twice as many partnerships as the previous one, and RippleNet transactions increased ten times year on year.
It was announced that Siam Commercial Bank in Thailand used RippleNet in 2020 and made more than 500,000 transactions.
The finance company called iRemit in the Philippines uses ODL and XRP infrastructure when making international money transfers.