Fenbushi Capital
Fenbushi Capital is a prominent venture capital firm based in Shanghai, China, established in 2015. It is recognized as the first and most active venture capital firm in Asia focused on blockchain technology. Founded by experienced professionals from both blockchain and traditional financial sectors, Fenbushi Capital has supported over 80 leading projects across four continents. The firm invests in companies that leverage blockchain to transform various industries, including finance, healthcare, supply chain, and consumer goods. Fenbushi Capital is dedicated to fostering healthy and sustainable growth within the global blockchain ecosystem and serves as a long-term strategic partner to its portfolio companies.
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Past deals in Ecuador
Ripio
Series A in 2017
Ripio, formerly known as Bitpagos, is a financial payments company based in Latin America that focuses on providing electronic payment solutions for businesses. Leveraging blockchain technology, Ripio aims to create a more accessible financial system in emerging markets. The company facilitates international transactions for merchants using credit cards or bitcoins at lower costs and allows consumers to purchase bitcoins instantly with cash. Operating in countries such as Argentina, Brazil, Chile, and Ecuador, Ripio's platform accepts various payment methods, including bitcoin and credit cards, and offers services such as local currency payouts for merchants, a digital wallet, and financing options for installment payments. Through these services, Ripio seeks to strengthen the digital economy by offering alternatives to traditional banking.
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