Ripio Credit Network
Ripio Credit Network is a Cayman Islands-based blockchain company operating a global peer-to-peer credit network built on co-signed smart contracts, serving cross-border borrowers and lenders since its 2016 founding.
- Company typePrivate
- Founded2012
- HeadquartersGrand Cayman, Cayman Islands
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Ripio Credit Network does
Ripio Credit Network (RCN) is a private blockchain-based peer-to-peer credit network founded in 2016 and headquartered in Grand Cayman, Cayman Islands. The platform is built on co-signed smart contracts, a design that combines on-chain enforcement with off-chain guarantor signatures to underwrite and settle credit agreements between distributed counterparties, targeting a cross-border user base of borrowers and lenders.
The company operates at a small scale, with 11-50 employees, and is led by founder and CEO Sebastian Serrano, supported by Andres Fleischer (Head of Operations & Admin) and Luciana Gruszeczka (Compliance Officer). Its revenue model is not explicitly disclosed in the available data; in the prevailing P2P lending model, monetization would typically derive from origination, servicing, or platform fees on credit originated through the network, but no fee schedule, pricing tier, or transaction-volume data is available to confirm mechanics or unit economics.
The most significant capital event documented is a $37,000,000 funding round dated 7 November 2017, with investors and lead investor undisclosed. Beyond this raise, there are no further funding rounds, partnerships, acquisitions, geographic expansions, or product launches recorded in the input. Much of the scraped source material supplied pertains to an unrelated Indonesian slot-gaming platform (JOKER123) and contributes no incremental information about RCN's customers, transaction volumes, geographic footprint, or current operating status; consequently, the evidence base for assessing RCN's current commercial standing is thin.
Ripio Credit Network firmographics
Firmographics- Name
- Ripio Credit Network
- Legal name
- JOKER123
- Website
- https://ripiocredit.network
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ripio Credit Network is a Cayman Islands-based blockchain company operating a global peer-to-peer credit network built on co-signed smart contracts, serving cross-border borrowers and lenders since its 2016 founding.
- Ownership category
- akta.pro rank
Ripio Credit Network industry classification
Industry- Product category
- Decentralized Finance (Peer-to-Peer Lending)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Private Credit & Loan Tokenization Platforms (FSADAEAD)
- akta.pro secondary industry
- Crypto Borrowing & Margin Credit Facilities (FSADAFAC)
Keywords
Where Ripio Credit Network is headquartered
LocationHeadquarters
- HQ city
- Grand Cayman
- HQ country
- Cayman Islands
Markets served
Ripio Credit Network business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Ripio Credit Network product offering
Product offeringCore offering
RCN is a global peer-to-peer credit network built on blockchain technology and co-signed smart contracts. It connects lenders and borrowers directly, enabling decentralized credit transactions without traditional financial intermediaries. The protocol leverages smart contract logic to manage loan terms, collateral, and repayment enforcement.
Product overview
JOKER123 is a single online slot gaming platform built on Joker Gaming software. The platform offers slot games with various themes and features, supporting multiple payment methods including bank transfers, e-wallets, pulse (mobile credit), and QRIS. The product is positioned as a licensed and secure slot gaming service with 24-hour customer support.
Differentiator
Problem solved
Functional benefit
Products and services
- RCN Peer-to-Peer Credit Network
Companies that use Ripio Credit Network
Customer profileIdeal customer profiles2 records
Ripio Credit Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ripio Credit Network partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Ripio Credit Network competitors and assessment
Company assessmentDirect peers
- Aave: Aave is a leading DeFi lending protocol that enables permissionless, over-collateralized borrowing and lending via smart contracts. It directly competes with RCN's blockchain-based credit model by offering automated, on-chain lending rails with broader liquidity.
- Compound: Compound is an algorithmic, autonomous interest rate protocol for lending and borrowing crypto assets using smart contracts. Comparable to RCN in deploying smart-contract-based credit infrastructure, though more focused on permissionless pools than P2P matching.
- MakerDAO: MakerDAO issues the DAI stablecoin via collateralized debt positions managed by smart contracts, representing a foundational on-chain credit protocol. Comparable to RCN in pioneering blockchain-native credit issuance, though at significantly larger scale.
- SALT Lending: SALT Lending offered blockchain-based crypto-backed loans using smart contracts for collateral management. Highly comparable to RCN's early P2P/smart-contract credit positioning, particularly for asset-backed crypto borrowing.
Broad incumbents
- Celsius Network: Celsius was a centralized crypto lending platform that offered yield products and collateralized loans before collapsing into bankruptcy in 2022. It operated in the same crypto credit category as RCN, representing the centralized incumbent model RCN's smart-contract architecture sought to disintermediate.
- BlockFi: BlockFi was a centralized crypto lending and borrowing platform that went bankrupt following the FTX collapse. A direct adjacent peer in crypto credit, though more retail/centralized than RCN's P2P model.
- Nexo: Nexo is a centralized crypto lending platform offering instant crypto-backed loans and an interest-bearing account. Operates in the same crypto credit space as RCN with a more centralized, custodial approach.
- LendingClub: LendingClub is a US-listed P2P lending platform that connects borrowers and investors in personal and small-business loans. Comparable to RCN in operating a P2P credit marketplace, but on a regulated, fiat-based, traditional financial stack.
Others
- Ripio (parent ecosystem): Ripio is a broader Latin American crypto exchange and fintech ecosystem from which RCN originated. While not a direct lending competitor, it represents the same founding team's larger crypto-financial infrastructure footprint in LatAm.
Emerging players
- Maple Finance: Maple Finance is an on-chain credit marketplace focused on undercollateralized lending to institutional borrowers using smart contracts. Comparable to RCN in pursuing blockchain-based credit markets, with a more recent institutional credit focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Ripio Credit Network social profiles
Digital presenceRipio Credit Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ripio Credit Network leadership team
Management profileNumber of profiles
Profiles3 records
Ripio Credit Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ripio Credit Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ripio Credit Network
What does Ripio Credit Network do?
RCN is a global peer-to-peer credit network built on blockchain technology and co-signed smart contracts. It connects lenders and borrowers directly, enabling decentralized credit transactions without traditional financial intermediaries. The protocol leverages smart contract logic to manage loan terms, collateral, and repayment enforcement.
Is Ripio Credit Network a public or private company?
Ripio Credit Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ripio Credit Network founded?
Ripio Credit Network was founded in 2012. It employs 11 to 50 people.
Where is Ripio Credit Network based?
Ripio Credit Network is headquartered in Grand Cayman, Cayman Islands.
Who are Ripio Credit Network's main competitors?
Direct peers on record are Aave, Compound, MakerDAO and SALT Lending. Broad incumbents are Celsius Network, BlockFi, Nexo and LendingClub. Ripio (parent ecosystem) is listed as an others. Maple Finance is listed as an emerging player.
Does Ripio Credit Network have an API?
No public API is recorded for Ripio Credit Network.
What industry is Ripio Credit Network in?
Ripio Credit Network's product category is Decentralized Finance (Peer-to-Peer Lending). Its primary akta.pro industry code is FSADAEAD, Private Credit & Loan Tokenization Platforms, with a secondary code of FSADAFAC, Crypto Borrowing & Margin Credit Facilities. Its SIC code is 6141.