- Tranglo, in partnership with Ripple’s ODL, registers a striking 1,729% increase in transaction volume, nearing the $1 billion mark.
- Tranglo’s unique approach, focusing on a diverse workforce and tech reliability, underpins its global success.
A People-Centric Philosophy Fuels Tranglo’s Growth
Tranglo, originally a cross-border payment startup from Malaysia, has marked its presence globally by emphasizing human connections at the core of its business strategy. Jacky Lee, Tranglo’s Group CEO, encapsulated this ethos, highlighting their commitment to a diverse workforce and building trustworthy partnerships.
🚀 Ripple's On-Demand Liquidity (ODL) partner, Tranglo, powers up with an astonishing 1,729% growth in processed transactions, reaching nearly $1 billion! 💰💥 This success story showcases the unstoppable momentum of Ripple's ecosystem! 🌐📈 #Ripple #XRP pic.twitter.com/yIC6IqJgil
— Collin Brown (@CollinBrownXRP) September 20, 2023
“Everything we do is underpinned by the spirit of serving people’s needs,”
Lee remarks. This belief drove their pivot to cross-border payments, catering to the demand for affordable international remittances. Today, this approach has enabled Tranglo to serve millions in over 70 countries.
Diverse Talent: A Catalyst for Innovation
Diversity isn’t just a buzzword for Tranglo. Lee, since taking leadership in 2018, has emphasized the potency of a multicultural workforce.
“Diversity sparks innovation,” he asserts. “Fresh perspectives from varied backgrounds lead to groundbreaking solutions.”
Testament to this commitment, over 60% of leadership roles at Tranglo are held by women. McKinsey’s findings reinforce Tranglo’s stance, suggesting that gender-diverse firms outperform their counterparts by significant margins. Furthermore, Tranglo’s inclusive environment ensures every voice is heard, fostering creativity and problem-solving.
Technological Trustworthiness: Key to Growth
In the digital age, tech-reliance is inevitable. However, Tranglo stands out by intertwining trust with technology.
“When individuals entrust us with their money, they expect utmost security and reliability,”
notes Lee. This trust is reinforced by Tranglo’s heavy investment in advanced cybersecurity measures. Their proprietary technology, improved continuously since its inception in 2008, now boasts a 99.982% uptime, ensuring transaction security and compliance.
Building Genuine Partnerships for Financial Inclusion
For Tranglo, collaborations go beyond mere business metrics. They seek partners aligned with their vision of comprehensive financial access. From South Korean fintech SentBe to Singapore’s Singtel Dash, each partnership aims to extend financial services to the underserved. Their collaboration with Ripple, a frontrunner in blockchain solutions, facilitates ODL services, freeing up significant capital for SMEs.
The journey from its inception in 2008 to today, spanning operations in over 70 nations, reflects Tranglo’s commitment to transforming the payment industry. As Lee emphasizes,
“We have the means to redefine cross-border payments, making them more meaningful and efficient.”
