As a result, Ripple is putting together a large regulatory team charged with the responsibility of ensuring that the next wave of clients that the startup wins are not hindered by regulatory bottlenecks.

"We are going around the world making sure that for the next 1,000 customers that we want to bring on… which we think we can do in the next two years … that regulation is not going to be an issue," said Birla during a panel session dubbed 'Scaling and Digital Disruption in Fintech' that was organized by the University of Pennsylvania's Wharton Scale School.