SBI subsidiary Money Tap Co. Ltd signs business partnership with PayPal

Today, SBI Holdings officially announced its subsidiary Money Tap Co. Ltd., which has signed a business relationship with PayPal. SBI Holdings previously established a subsidiary, Money Tap Co. Ltd., which handles personal remittances using blockchain technology and provides “Money Tap” for personal remittance applications such as SBI. Money Tap is paid by Ripple's xCurrent.