Case Study: goLance achieves faster, lower-cost freelancer payments with RippleNet

goLance grows its global talent marketplace with faster, cheaper payments through RippleNet

goLance, an online marketplace connecting businesses with freelance talent worldwide, faced challenges with the high costs and slow speeds of traditional payment methods for its global freelancers. To better serve its users and drive growth, goLance turned to Ripple and implemented a solution using RippleNet.

By utilizing RippleNet's On-Demand Liquidity, goLance drastically reduced operational costs and enabled faster payments, particularly for its freelancers in the Philippines. This resulted in explosive growth for the platform, with payments processed in as little as seven minutes. The measurable impact includes over $70 million paid to a network of 500,000 freelancers. Due to this success with Ripple, goLance is expanding the solution to new payment corridors in Europe and Mexico.

GoLance

Michael Brooks

Founder And President