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.