Argentinian Bitcoin Lending Venture Illuminates Global Economy

Sebastian Serrano presents Ripio during TechCrunch Disrupt on Tuesday.Sebastian Serrano presents Ripio during TechCrunch Disrupt on Tuesday.

Sebastian Serrano, distant right, presents Ripio during TechCrunch Disrupt on Tuesday, while a row of tech luminaries listen.

At TechCrunch Disrupt New York in Red Hook, Brooklyn, BitPagos done it to a finals in a startup terrain after a Tuesday night display where they showed how they could move unsecured personal loans to a building universe with Bitcoin. BitPagos’s Sebastian Serrano took to a theatre to deliver his company’s new service, Ripio. The Bitcoin wallet can be used to compensate for products or services during any of a hundreds of online merchants that accept cryptocurrency. If a consumer doesn’t have a income for what they want, Ripio will front it and a consumer will compensate them behind in installments.

“This is outrageous for all a unbanked people opposite a world,” Mr. Serrano said. Most payments online are done with credit cards, though many people in a building universe don’t have them, a Argentina-based co-founder explained.

In



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