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 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Digital Finance Group (DFG) | Diversified business group that focuses on blockchain and digital assets. | Led the round. | |
|
Boost VC | Pre-seed venture capital fund. | ||
|
Digital Currency Group Inc (DCG) (Barry Silbert) | Investment company focused on bitcoin and blockchain tech businesses. | ||
|
Draper Associates | Early-stage venture capital firm. | ||
|
Fenbushi Capital (分布式资本) | China-based venture capital firm that exclusively invests in Blockchain-enabled companies. | ||
|
The Whittemore Collection Ltd |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Pantera Capital Management LP | Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets. | Initial investment. |
Investment activity status
Active investor
