Ripio, formerly known as BitPagos, is a leading bitcoin and digital payments company in Latin America's fintech ecosystem.

Ripio's payment gateway accepts bitcoin and credit card payments, pays out to merchants in local currency or bitcoins.

Ripio was founded in 2013 by Luciana Gruszeczka, Mugur Marculescu, and Sebastian Serrano. The is based in Buenos Aires, Argentina, with presence in Brazil, Chile and Ecuador.


Ripio owns an app, an exchange and an over-the-counter (OTC) desk. The company is working on launching a business-to-business vertical with blockchain solutions for companies, a payments vertical and a decentralized finance (DeFi) vertical, Mendez said, without specifying details.


Ripio's main product is their Bitcoin wallet, which currently has over 150,000 users. Ripio is the first company of its kind to offer credit and online payment services, an effort that makes them the main financial inclusion and digital economy supporters in the region.


Ripio is backed by Digital Currency Group (DCG), Draper Associates, Maple Ventures, Boost VC, Amplo VC, and others. The company raised $50M in Series B round on Sep 20, 2021. This brings Ripio's total funding to $94.4M to date.



  • Year founded: 2013
  • Funding Info: $94.4M over 11 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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