BeeTech is a Brazilian Fintech that is a known Ripple partner. One of its brands is RemessaOnline, an online international money transfer platform powered by BeeTech.

According to an article published on April 22nd, titled “BeeTech and Ripple: Revolutionizing the Financial Market”, BeeTech and RemessaOnline have been using Ripple’s xCurrent on very important routes, such as the Euro Zone countries and plan to expand the use of this tool to countries such as the United States, Canada and Australia, which transact a high volume of shipments and receipts in foreign currencies.

The article also explains in detail how Ripple provides a faster, cheaper and failure free alternative to Swift.

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