Ripio

Ripio:

Ripio, with the slogan "Discover the future of the digital economy 🚀," is a leading blockchain-based financial products startup, pioneering the crypto space in Latin America for 8 years. With a user base of 2 Million and a team of over 280 professionals in several countries, it stands as one of the largest crypto startups in the region. Notably, some of the prominent names in Silicon Valley, including Tim Draper, Medici Ventures, Digital Finance Group, and Digital Currency Group, are among its main investors.

The company’s primary product is a digital wallet tailored for users interested in purchasing and storing crypto, without the need for market knowledge or trading skills. The platform offers simple options for depositing and withdrawing funds in local currency and buying/selling crypto at market prices. Additionally, it provides an exchange for crypto-savvy users to place buy and sell orders at their preferred prices and choose between different order types. Moreover, its corporate division, Ripio OTC, caters to high-net-worth individuals and institutional clients.

Founded in 2013 and headquartered in the Cayman Islands, Ripio secured a significant $50.00M Series B investment on 20th September 2021, with contributions from Boost VC, Digital Currency Group, FJ Labs, Amplo, Blockchain.com Ventures, and notable individuals such as Tim Draper, Marcos Galperin, Martin Migoya.