Ripio
LatAm exchange + card (AR/BR/MX).
- Who holds it
- A licensed crypto-asset custodian holds the assets on your behalf — VASP: PSAV registration with CNV Argentina (Nos. 36/37, 2024); regional entities in BR/MX.
- The ledger
- The custodian’s books, reconciled against on-chain balances.
- If it fails
- Recovery hinges on the custodian’s solvency and how cleanly client assets are segregated.
Derived from Ripio’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | hybrid |
| HQ | Buenos Aires, AR |
| Founded | 2013 |
| Custody | Custodial |
| Regulation type | VASP / MSB / crypto licenses |
| License detail | VASP: PSAV registration with CNV Argentina (Nos. 36/37, 2024); regional entities in BR/MX |
| Card | Visa · Prepaid |
| Cashback | Crypto cashback |
| Yield | Earn |
| Stablecoins | Yes |
| KYC | Yes |
| Active regions | Latin America |
| Founders | Sebastián Serrano |
| Funding | ~$90M raised |
Verified links: official site ↗
Common questions about Ripio
What is Ripio?
Ripio is a fiat-and-crypto neobank, headquartered in Buenos Aires, AR and founded in 2013. Your money is held custodially, so Ripio or its partner bank holds the balance and you hold a claim on it. It holds VASP / MSB / crypto licenses (VASP: PSAV registration with CNV Argentina (Nos. 36/37, 2024); regional entities in BR/MX).
Does Ripio have a card, and where can you use it?
It issues a Visa prepaid card. It is available in Latin America.
Does Ripio require KYC?
Yes. Ripio requires identity verification (KYC) to open an account, as a vasp / msb / crypto licenses.
What does Ripio cost?
From the verified fields: cashback Crypto cashback; yield Earn. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Ripio before relying on them.
Early investors
Peers
Revolut · Mercado Pago · Crypto.com · Binance Card · Bybit Card · OKX Card
Ripio appears in
Neobanks operating under crypto and money-transmitter licenses (25) · Neobanks available in Latin America (113) · Neobanks that issue a Visa card (182) · Neobanks in Argentina (10)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.