Payment platform MoneyNetint wins award for most connections on the Ripple network

Global payment platform MoneyNetint has won Ripple's Best Connector Award for outstanding business growth over the past year.

In an email to CryptoSlate, the company said the award will help strengthen its foothold as a leader in cross-border payments and grow its user base around the world.

Ripple awards global payment platform for exceptional growth.

While not the most marketed event in crypto, Ripple's annual Swell conference brings together some of the most prominent names in the financial and payment sector.

"One of the traditions of the event is an award ceremony, in which Ripple acknowledges the efforts and contributions made by its partners and collaborators. The company that stood out at this year's Swell is MoneyNetint, which won Ripple's Best Connector Award. Ripple awarded the global payments platform for its"excellence in user acquisition and increased transaction volume throughout the past year.

In a press release shared with CryptoSlate, the company said the award strengthens its foothold as a leader in helping international businesses successfully create fiscal transactions in today's borderless economy.

MoneyNetint said Ripple's state of the art blockchain payments technology was the main reason they decided to join the network and use it to facilitate international cross-border transactions.

Global payments make the best use of Ripple's network.

While still a young company, U.K.-based MoneyNetint has set itself at the forefront of revolutionizing cross-border payments.

While no decisive legal action has been taken against the MoneyNetint, its connections to several high-profile shady companies in the past few years have cast a shadow on the growing company.