Bank of America confirms Ripple partnership

Bank of America (BofA) is the second-largest bank in the United States (by total assets) and one of the top 10 banks in the world. Even though BofA has been linked with Ripple multiple times, it hasn't been clarified whether there is a partnership between Ripple and BofA and if BofA is one of Ripple's customers.

Unannounced Ripple partner Terrapay acquired

Dutch startup TerraPay announced today that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion.