Thread by @WKahneman

A lil' #Ripple partner mystery:
1. Payment Rails (Montreal), an API-first approach, enabled developers "to seamlessly add international payments to their platform, website or apps, giving access to global markets."
But then, they disappeared.
paymentsjournal.com/payment-rails-…

2. In reality they just rebranded in 2021 as Trolley with "ambitions to drive payout-based growth..." and "progress in meeting the payout needs of a borderless, internet-based economy."

At the same time, they closed a $7m series A funding round.

finance.yahoo.com/news/payment-r…

3. Their P/R seems like a perfect place to use RippleNet:
"Trolley plans to leverage Pace Capital's investment to:
- Increase direct integrations w/ top ERP & accounting platforms
- Expand tax compliance beyond the US
- Add more local & instant payout options"

4. Not only that, but they have shifted their focus to creators, influencers, musicians, videogames and freelancers - areas where Ripple has promoted other partnerships (NFT platforms, Coil, Forte, goLance, etc.). Makes sense given their advisors-

5. But there has been no mention of Ripple or XRP since the name change, since 2017, really.
They list their payout networks in each region inc. SWIFT & PayPal, but not Ripple. But they also list "local bank payout" which is where it could be used.
trolley.com/platform/globa…

6. Some questions:
- Does Trolley still use RippleNet? At least for messaging? There is no indication they ever stopped.
- Do they use ODL at all, given their presence in some of the corridors?
- Are there other connections to Ripple partners for Trolley?
Stay tuned, internet.