The Time for Progress is Now

Ripple Labs Named Fourth Most Innovative Company in Money for 2015 by Fast Company

Creator of the Ripple Protocol Joins ApplePay, InVenture, Braintree and Other Innovators on List

SAN FRANCISCO, CA--(Marketwired - Feb 9, 2015) - Ripple Labs today was named the world's fourth Most Innovative Company in Money for 2015 by Fast Company as part of its annual Most Innovative Companies Issue. Most Innovative Companies is Fast Company'shighly anticipated annual ranking of the world's leading enterprises and rising newcomers that exemplify the best in business and innovation.

"We are thrilled to be named as one of the most innovative companies in money and to be included among such respected brands," said Ripple Labs co-founder and CEO Chris Larsen. "Our vision is to transform the world of finance in a way that benefits everyone from banks to governments to innovative developers to merchants, consumers and the financially underserved. It is gratifying to know that others share a desire for this change and recognize our work."

This year's Most Innovative Companies issue includes companies from six continents, with Warby Parker earning the No. 1 spot on the list ahead of brands such as Apple, Google, Netflix, Tesla Motors, Ikea, L'Oréal, and Toyota. The magazine's editors spend months gathering and analyzing data on companies around the globe to identify a breadth of companies with progressive, nimble business models, an ethos of sustainability, and a culture of creativity.

Ripple Labs is the developer of Ripple, an Internet protocol that transforms finance by interconnecting disparate systems to securely transfer funds in any currency in real time. Banks, money transmitters and clearing houses can use Ripple as a settlement technology and alternative to correspondent banking to facilitate straight through processing with no reserve funding required. With Ripple, money moves as quickly and easily as information.

For more information about Ripple, please visit http://www.ripple.com.

ABOUT FAST COMPANY<br> Fast Company is the world's leading progressive business media brand, with a unique editorial focus on innovation in technology, ethical economics, leadership, and design. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, one of the U.S.'s leading media companies.

About Ripple Labs<br> Ripple Labs developed the Ripple protocol, an Internet for money that enables the free and instant exchange of anything of value. The San Francisco-based startup is funded by Google Ventures, Andreessen Horowitz, IDG Capital Partners, Core Innovation Capital, FF Angel, Lightspeed Venture Partners, Bitcoin Opportunity Corp. and Vast Ventures.

Named one of 2014's 50 Smartest Companies by MIT Technology Review, Ripple Labs' team of 80 is comprised of deeply experienced cryptographers, security experts, distributed network developers, Silicon Valley and Wall Street veterans. They contribute code to the open-source software, as well as develop tools for and recruit financial institutions and payment networks to use Ripple. The team shepherds a movement to evolve finance so that payment systems are open, secure, constructive and globally inclusive.

About Ripple Ripple is an Internet protocol that interconnects all the world's disparate financial systems to enable the secure transfer of funds in any currency in real time -- consider it an Internet for money. As settlement infrastructure, Ripple transforms and enhances today's financial systems. Ripple unlocks assets and provides access to payment systems for everyone, empowering the world to move value like information moves today. For more information about Ripple, please visit http://www.ripple.com.

CONTACT INFORMATION

Press Contact:<br> Michael Azzano<br> Cosmo PR for Ripple Labs<br> 504/899-7570<br> michael@cosmo-pr.com<br>