Seed · Fintech
Ruvo raises $4.6m seed round for Brazil-US payments
1confirmation led the financing as the fintech develops cross-border payment infrastructure.
Ruvo has raised $4.6m in seed financing led by 1confirmation. Named participants include Coinbase Ventures, Rebel Fund, Neer Venture Partners, First Check Ventures and Mission Street Capital.
The company combines Pix, stablecoins and international payment services in a platform for people and businesses moving money between Brazil and the US.
The funding will support development of its payment infrastructure and wider access to dollar-based services for Brazilian users.
Use of funds
Develop cross-border payments infrastructure
Funding history
Seed · This round$4.6M