The "Built on Ripple" badge is simply a representation of the below paragraph*. We are not however, "Ripple" and we are not officially sponsored or endorsed by Ripple Labs. Although, we wouldn't say no.
*Casheer utilizes Ripple's near instant payment network and distributed exchange, to facilitate low-cost, cross-currency transactions through the Casheer platform. Now bitcoins for example, can be sent to a merchant who doesn't accept Bitcoin payments directly. The Ripple network does the currency exchange near-instantly and delivers say, USD to the merchant.
Everyone wins...especially the blockchain because BTC payments are now moving off-blockchain and reduces the need for block size increases to deal with TPS limits.