Swedish Bank, SEB, is hoping to incorporate more of Ripple’s xRapid Technology and Ripplenet into its financial products in the future.

According to Paula da Silva, the head of transaction services at the bank, a couple of transactions worth billions were passing through the Ripple platform.

Silva revealed that last year, the Swedish bank had only one customer on the Ripple network but that number has grown immensely this year. There was increased inter-firm transfers between Sweden and the US using Ripple.

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