Ruvo raises $4.6M seed led by 1confirmation, Coinbase Ventures joins
Ruvo Raises $4.6M Seed Round Led by 1confirmation to Build Global Dollar Accounts for Brazil
Posted by digitaljamesoliver
Ruvo raises $4.6M seed led by 1confirmation, Coinbase Ventures joins
Ruvo Raises $4.6M Seed Round Led by 1confirmation to Build Global Dollar Accounts for Brazil
Posted by digitaljamesoliver
3 Comments
tldr; Ruvo, a Brazil-US cross-border fintech, has raised $4.6 million in a seed round led by 1confirmation, with participation from Coinbase Ventures and others. The Y Combinator-backed startup integrates crypto and Pix for remittances between Brazil and the U.S., offering services like USD transfers, real-time currency conversion, and global spending via a USD Visa card. Ruvo aims to simplify cross-border payments using stablecoins, reducing fees and settlement times. The funds will expand its infrastructure and services, including dollar-denominated yield options.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Nice to have some positive news here for once I guess about something
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