31 Oct 2018
Target Price: $1.75 (289% upside) Website
Ripple is owned by Ripple Labs Inc, which was established in 2015. The primary vision is to solve inefficiencies of the global payment system such as long settlement time (2 – 5 days), locked-up liquidity, an error-prone SWIFT system and high operational costs incurred by financial institutions. With offices in the US, London, Australia, Singapore, India and Luxembourg, Ripple services over 100 clients globally.