It’s not Thursday, but this story sure feels like a throwback to headlines from last year’s cryptocurrency mania: crypto enthusiasts have begun using their tokens to take out real mortgages on virtual land. Decentraland & Ripio Partner for Crypto Mortgage Service This phenomenon has been made possible through a partnership between Decentraland, an Ethereum-based virtual reality platform, and...
OKEx, the second largest crypto exchange by volume, has announced the delisting of more than 30 trading pairs including Ripio/ETH and Monetha/BTC. The exchange cited weak trading volume as the justification for the ejections. The delistings will not take effect until the 31st. Listing and delisting is a common practice among cryptocurrency exchanges, and, depending on the size of the exchange...
The initial coin offering for Latin American startup Ripio’s micro-lending network reached its $37 million hard cap. The blockchain financial services firm, formerly known as Bitpagos, is developing the Ripio Credit Network with the stated goal of democratizing the lending process and removing the geographic and bureaucratic barriers that prevent borrowers in emerging markets from obtaining loans...
Latin American micro-lending startup Ripio Credit Network concluded its initial coin offering (ICO) presale, raising $31 million from accredited investors. Following the public Ripio ICO, the startup hopes to have raised a total of about $40 million. Ripio (formerly BitPagos) has been operating within the crypto space since 2013 and established a blockchain-based lending service to help unbanked...
Latin American blockchain startup Ripio (formerly BitPagos) launched the ICO token-presale for its global lending network on Tuesday. The company, which has been operating in the crypto finance space since 2013, established a blockchain credit service last year and earned a spot in the finals at TechCrunch Disrupt. Ripio has attracted notable venture capital investors, including Tim Draper...
BitPagos, a bitcoin wallet and merchant processing service, recently closed a $1.9 million Series A round to expand its services in its South America, according to Techcrunch. The Argentina-based company also changed its name to Ripio, the name of its consumer credit service. The service helps merchants who wish to sell their fiat currency immediately after a sale rather than their bitcoins...
BitPagos, who has successfully launched Bitcoin service in Argentina is now expanding into South America's largest country, Brazil, with the release of Ripio.com. Ripio allows anyone living in Brazil to be able to make Bitcoin purchase orders through their website, and with a basic bank slip, can buy Bitcoin at thousands of locations throughout Brazil. Also read: "Argentina: Bitcoin Just Received...