Ripio

Company

Investment-firm

Last deal

$50M

Amount

Series B

Stage

20.09.2021

Date

3

all rounds

$94.45M

Total amount

Financing round

General

About Company
Ripio is a Latin American bitcoin and digital payments company.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Bitpagos

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company provides electronic payment solutions for businesses and consumers in Argentina, Brazil, Chile, and Ecuador, using blockchain technology to make a more accessible financial system. Its main product is a digital wallet designed for users who want to buy and store crypto, and it also offers an exchange for crypto-savvy users to place buy and sell orders at their preferred price. Ripio OTC, its corporate division, is designed for high-net-worth individuals and institutional clients that operate larger amounts and seek for deep liquidity, fast execution, and custom assistance. The company has 2 million users and a team of over 280 professionals in Argentina, Brazil, Mexico, Uruguay, Colombia, Spain, and the US, and its main investors include Tim Draper, Medici Ventures, Digital Finance Group, and Digital Currency Group.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

Ripio Holding
Sub-Organizations
1
Ripio Credit Network

Ripio Credit Network

RCN is a global peer-to-peer credit network based on co-signed smart contracts and blockchain technology.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Keywords

Financial Services, FinTech, Blockchain

Location

Grand Cayman, Cayman Islands

total rounds

1

total raised

$37M
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Financials

Funding Rounds
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Number of Funding Rounds

$94.45M

Money Raised

Their latest funding was raised on 20.09.2021. Their latest investor FJ Labs. Their latest round Series B

Date 
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Subsector

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Co-Investors
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George Burke

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Passionate problem solver specializing in blockchain, cryptocurrency, health & wellness tech, biohacking. Product manager, marketer, & executive with a proven ability to recognize and capitalize on commercial opportunities. Conceived, launched and successfully exited three companies. 13+ years of experience in consumer product development & growth marketing.

current job

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Acquisitions
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BitcoinTrade acquired by Ripio

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type

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Unisend Latinamerican Bitcoin Exchange acquired by Ripio

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People

Founders
3
Mugur Marculescu
Mugur Marculescu

Mugur Marculescu

Mugur Marculescu Is The Co-Founder At Ripio.

current job

Google
Google

organization founded

2

Mugur Marculescu

Luciana Gruszeczka
Luciana Gruszeczka

Luciana Gruszeczka

Luciana Gruszeczka co-founded BitPagos, Inc. and serves as its Chief Operating Officer. She is also Co-Founder & COO at devsar. Her former experiences includes working at Farmacéutica and Becaria del Laboratorio de Control de Calidad.

current job

Ripio
Ripio

organization founded

1

Luciana Gruszeczka

Sebastian Serrano
Sebastian Serrano

Sebastian Serrano

Sebastian Serrano is the CEO and Co-Founder of Ripio. Starting as a skillful developer at a very early age and then leading a succesful web and mobile development startup, Sebastian played major roles in several fintech startups such as PayMentez, MetaTiendas and Moni. Serrano and his team founded BitPagos in 2013. A year later, they launched Ripio, one of the most popular Bitcoin wallets in Argentina. People use Ripio to buy, save and sell bitcoins and now they can also apply for Ripio Credit: a blockchain-based feature that allows users to pay in installments in local currency. Ripio is the first Bitcoin wallet in the World to offer this kind of service.

current job

Ripio
Ripio

organization founded

2

Sebastian Serrano

Employee Profiles
19

Santiago Lebled

Head of finance and accounting

Luciana Gruszeczka

Luciana Gruszeczka

Co Founder & Spain Country Manager

Karina Caudillo

Karina Caudillo

General Manager Mexico

Nuria Vazquez

Nuria Vazquez

Head of HR

Andres Fleischer

Andres Fleischer

Chief Operating Officer

Bruno Figueirerdo Acorsi

Bruno Figueirerdo Acorsi

Head Of Operations

Alejandro Rothamel

Alejandro Rothamel

Chief Legal Officer

Juan Jose Mendez

Juan Jose Mendez

Chief Brand Officer

Activity

Recent News
4
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

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