Ripio

Ripio is a leading cryptocurrency platform operating across Latin America since 2013. Founded in Argentina by Sebastián Serrano and originally known as BitPagos, the company has expanded operations to eight countries including Mexico, Brazil, Colombia, Chile, Uruguay, Spain, and the United States. In Mexico, Ripio received authorization as a money transmitter from the National Banking and Securities Commission (CNBV) in February 2025, enabling the company to facilitate national and international money transfers and strengthening its position in cross-border payments. The company serves over 8 million users across the region and operates through multiple product lines. Its core retail offering, Ripio Wallet, provides a mobile and web application for buying, selling, storing, sending, and receiving cryptocurrencies with support for local payment methods including Mercado Pago. Ripio Trade serves as the exchange platform for more advanced trading with various order types. For institutional clients and high-net-worth individuals, Ripio Select offers over-the-counter trading services with deep liquidity and competitive pricing, requiring minimum transaction amounts of $5,000 USD. The company has developed Ripio Business (B2B), providing crypto-as-a-service infrastructure and APIs for businesses to integrate cryptocurrency services. Ripio has launched multiple stablecoins including peso-pegged variants (wARS, wMXN, wBRL) and a dollar-pegged Criptodólar (UXD) on LaChain, its Latin America-focused layer 1 blockchain. Additional services include the Ripio Card, a Visa-branded prepaid debit card for cryptocurrency spending, and Ripio Portal, a multi-chain Web3 wallet. The company maintains strategic partnerships with major platforms including Mercado Libre, providing technology and custody services for Mercado Coin. Backed by prominent Silicon Valley investors including Tim Draper, Digital Currency Group, and Medici Ventures, Ripio has positioned itself as a comprehensive blockchain infrastructure provider focused on increasing financial inclusion and cryptocurrency adoption throughout Latin America.