KANDO id: 567701

Corporate information

Previously known as

Company type

Digital wallet that provides a simple way to send and receive money, buy and sell bitcoins, and pay in installments without credit card.

Overview

In the year 2013, Ripio It was born with the aim of facilitating payments through bitcoins, when practically nobody had heard of cryptocurrencies. Then bitcoin would become famous for going up in value 10 times in a single year and, after a break, another 20 times. With this, its popularity grew and also the business of Ripio which in 2017 raised USD 37 M for the launch of its own cryptocurrency, RCN, and a network of loans between people from all over the world.

Funding rounds

Series A USD 1,900,000


USD 1,900,000 ( )

Profile Country Notes
Digital Finance Group Diversified business group that focuses on blockchain and digital assets. Led the round.
Boost VC
Digital Currency Group Inc (Barry Silbert) Investment company focused on bitcoin and blockchain tech businesses.
Draper Associates
Fenbushi Capital China-based venture capital firm that exclusively invests in Blockchain-enabled companies.
The Whittemore Collection Ltd

Profile Country
Amasia

Profile Country
Medici Ventures The blockchain arm of Overstock.com.

Profile Country
South Ventures


Investment activity status
Active investor

Current employees

Financials