Rippex, a Brazil based digital currency startup has veterans joining the company. These veterans have previously been associated with a well-known digital payments gateway called PagSeguro.
Founded by Rafael Olaio in Brazil, Rippex is the second Ripple based startup to start operating in the Brazilian market. With the addition of new members to the team, the company seems to be preparing itself to go big with its product. The new additions to Rippex comes in the form of the former founders of PagSeguro.
Ricardo Dortas Schonhofen and Paulo Lavinas Barbosa founded PagSeguro in 2007 and the company has grown over a period of 8 years to become one of the prominent payment solutions provider in Brazilian market. PagSeguro is still operational under the ownership of UOL, a web content provider.
Ricardo and Paulo are currently part of Cloudpar, a business development firm. Rippex has entered into a partnership with CloudPar, through with Ricardo and Paulo will be working in full time capacity with Rippex. Therefore, even though Ricardo and Paulo are part of CloudPar, they will soon become part of Rippex as well.
According to Rafael, the company took the decision to