VCID: 567701
Profile
Corporate information
Previously known as: Bitpagos Inc
Registration country
Affiliated entities
Previously known as:
Bitpagos IncRegistration country
Affiliated entities
Investment activity status
Active investor
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
Funding rounds
Series A USD 1,900,000
USD 1,900,000 (3 Jan 2017)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Digital Finance Group | Diversified business group that focuses on blockchain and digital assets. | China | Led the round. |
|
Boost VC | Pre-seed venture capital fund. | United States | Round participant. |
|
Digital Currency Group Inc | Investment company focused on bitcoin and blockchain tech businesses. | United States | Round participant. Barry Silbert |
|
Draper Associates | Early-stage venture capital firm. | United States | Round participant. |
|
Fenbushi Capital | China-based venture capital firm that exclusively invests in Blockchain-enabled companies. | China | Round participant. |
|
The Whittemore Collection Ltd | United States | Round participant. |
| 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. | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
Amasia |
N/A | |
|
|
Boost VC Pre-seed venture capital fund. |
Series A | |
|
|
Digital Currency Group Inc Investment company focused on bitcoin and blockchain tech businesses. |
+1 (212) 668-1427 |
Series A |
|
|
Digital Finance Group Diversified business group that focuses on blockchain and digital assets. |
+86 (21) 6123-7225 8006 |
Series A |
|
|
Draper Associates Early-stage venture capital firm. |
Series A | |
|
|
Fenbushi Capital China-based venture capital firm that exclusively invests in Blockchain-enabled companies. |
Series A | |
|
Medici Ventures The blockchain arm of Overstock.com. |
+1 (801) 947-4444 |
N/A |
|
|
Pantera Capital Management LP Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets. |
+1 (650) 854-7000 |
N/A |
|
South Ventures |
N/A | |
|
|
The Whittemore Collection Ltd |
Series A |
