BitPagos

paymentspayment gatewayscryptocurrency

STATUS: Closed
FOUNDING YEAR: 2013
LOCATION: Argentina
Last Update: 01/05/2020

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About

La primera plataforma de pagos en Bitcoin de Amrica Latina.

MEDICI Analysis

BitPagos was rebranded as Ripio in Jan 2017, it is a payment gateway that accepts bitcoin and credit card payments and pays out to merchants in local currency or bitcoins. The company offers Ripio product that provides bitcoin wallet and credit line service to Latin American customers. Using Ripio mobile app users can buy and sell bitcoins.BitPagos aims to provide financial payments solutions to businesses and merchants across Argentina, Brazil, Chile and Ecuador.

Focus

PRODUCTS & SERVICES

Credit card processing and bitcoin payments. Ripio is a bitcoin wallet & credit service for users in Latin America.

REVENUE MODEL

BitPagos charges a 5% fee to process credit card transactions to merchants, and it handles bitcoin for free

MAIN CLIENTS

Retail bitcoin customers

EXISTING PARTNERSHIPS

Entrepids

OmbuShop and many more

Traction

VALUATION / MARKET CAP:

$12.67 M in 2017

TRANSACTIONS VALUE:

$1.8 M

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