Ripio

cryptocurrency

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

CEO and Co-Founder of @RipioApp - Latam crypto wallet Tech entrepreneur Programmer, maker & 100% geek

MEDICI Analysis

Ripio is a bitcoin brokerage firm that allows consumers in Argentina to buy small amounts of bitcoin at more than 8,000 convenience stores.Ripio is a subsidiary of BitPagos company.

Focus

PRODUCTS & SERVICES

Online retailer of Bitcoins.

MAIN CLIENTS

Retail bitcoin consumers

COMMENT

The company has claims that it has 70,000 users, an increase of 10,000 since January 2017.

company provided insights

Traction

TRACTION COMMENT:

Ripio aims to establish itself in the new markets as early as the end of this quarter (Apr 2017).

People

FOUNDERS

Luciana Gruszeczka

Mugur Marculescu

Luciana Gruszeczka

Sebastian Serrano

BOARD MEMBERS AND ADVISORS

Juan Llanos

Marco Santori

Craig Gephart

Kurt Thams

NUMBER OF EMPLOYEES

11-50

INVESTORS:

8capita Partners

Amasia

Barry Silbert

Boost VC

Daniel Curran

Digital Currency Group

Draper Associates

Fenbushi Capital

FundersClub

Huiyin Blockchain Venture

Investo

Marc Bell Ventures

Medici Ventures

Niraj Mehta

NXTP Labs

Pantera Capital

Tim Draper

KEY EMPLOYEES:

Mugur Marculescu

Luciana Gruszeczka(COO); Sebastian Serrano(CEO)

Momentum

FUNDED

YES

TOTAL FUNDING

$1.63 M

DATE OF LAST FUNDING

Oct 2017

TOTAL FUNDING COMMENT

The company planning to use the fund to expand to Mexico and Colombia in coming months(Apr 2017).

SEED & PRIOR FUNDING

$1.2 M

SEED CLOSED ON

May 2015

FUNDING SERIES

SERIES A  · $428 K  · Apr 2017

DEBT FUNDING

$1.19 M

LISTED

NO

COMMENT

Debt funding: $1.29 M(Sep 2015)

ICO

37000000

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