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August 04, 2015 4:58 AM ET

IT Services

Company Overview of Ripple Labs Inc.

Company Overview

Ripple Labs Inc. provides Ripple protocol, an open-source distributed payment network that enables payments to merchants, consumers, and developers. Its payment protocol transforms payments to work like communications. The company was formerly known as OpenCoin, Inc. and changed its name to Ripple Labs Inc. on September 26, 2013. Ripple Labs Inc. was founded in 2012 and is based in San Francisco, California.

300 Montgomery Street

12th Floor

San Francisco, CA 94104

United States

Founded in 2012

Key Executives for Ripple Labs Inc.

Co-Founder and Chief Executive Officer
Age: 54
Co-Founder and Chief Technology Officer
Chief Operating Officer
Age: 44
Chief Cryptographer
Compensation as of Fiscal Year 2015.

Ripple Labs Inc. Key Developments

Ripple Labs Inc. Presents at Credit Suisse 4th Annual Future of Commerce & Payments Conference, Jun-08-2015 04:20 PM

Ripple Labs Inc. Presents at Credit Suisse 4th Annual Future of Commerce & Payments Conference, Jun-08-2015 04:20 PM. Venue: The Four Seasons Hotel, San Francisco, California, United States. Speakers: Welly Sculley, Director of Business Development.

Commonwealth Bank of Australia Enters Partnership with Ripple Network

Commonwealth Bank of Australia has announced a plan to enter into a partnership with Ripple Network. The bank is to adopt the Ripple network for payment settlements between its subsidiaries. The bank is believed to be the first in Australia to use the services of a digital currency network.

Ripple Labs Appoints Brad Garlinghouse as New COO

Ripple Labs has appointed former Yahoo and AOL executive Brad Garlinghouse as its new COO. Garlinghouse, who sits on the board of Ancestry.com, became the CEO of file-sharing firm Hightail in 2012. He departed last fall following a dispute over a potential sale of the company.

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