Crossmint · May 2026
Case study on Ruvo’s multi-rail wallet infrastructure, including Pix, stablecoins, ACH/wire, and Visa, and cites the founders Alec Howard and Mike Mason.
Company research
Public company, workplace, funding, and market signals
Overview
Ruvo is a YC-backed Brazilian fintech, formerly Cacao, that provides a global dollar account for individuals and businesses to receive, hold, convert, and spend money across USD, BRL, USDT, Pix, ACH/wire, and Visa. Public sources point to São Paulo as the operating headquarters, while the legal structure is described as Cayman Islands parent / Delaware subsidiary in compliance documents.
Primary product
Global dollar account for Brazilians
Founded
2025
Headquarters
São Paulo, Brazil
Team size
11-50
Work style
Flexible
Industry
Financial Services
Sub-industry
Cross-border payments and digital wallets
Offices
São Paulo, Brazil
George Town, Cayman Islands
Delaware, USA
Business model
Cross-border transfer fees
FX conversion fees
Yield on balances
Business account services
Funding
Stage
Seed
Total raised
$5.1M
Latest round
Seed · Feb 2026
Latest amount
$4.6M
People & investors
Leadership
Co-Founder & CEO
Co-Founder & CTO
Founder & Designer
Work & culture
Mission-driven, bilingual, and remote-friendly fintech culture focused on building cross-border money infrastructure between Brazil and the U.S.
Work style
Flexible
Compensation
No public company-wide compensation bands or salary policy found.
Product & market
Pricing
Zero account fees; transparent conversion and transfer fees, generally 0.3%–1% depending on route/account type, with crypto-to-crypto transfers free.
Differentiators
- —Combines Pix, stablecoins, ACH/wire, and Visa in one account
- —Supports both personal (CPF) and business (CNPJ) accounts
- —Claims no IOF and transparent FX with no hidden spread
- —Non-custodial wallet structure
- —Offers yield on balances
Technology
Pix
USDT
Visa
ACH
wire transfers
stablecoins
Crossmint smart wallets
Cross River Bank
Persona
Rain
BlindPay
Polygon
non-custodial wallets
end-to-end encryption
multi-factor authentication
biometric security
Customers
Brazilian freelancers
remote professionals paid in USD
Brazilian startups
CNPJ business accounts
crypto-native users
software engineers
content creators
gamers
digital workers
Competitors
Airwallex
Chipper Cash
LemFi
Wise
Scale & contact
Estimated revenue
Undisclosed; public third-party databases classify Ruvo as generating revenue.
Latest news
Born2Invest · Feb 2026
Describes Ruvo’s product as a crypto-Pix remittance platform for Brazil-U.S. money movement and reiterates the seed-round investor mix.
LatamList · Feb 2026
Confirms the $4.6M seed round led by 1confirmation and lists participating investors including Coinbase Ventures, Rebel Fund, Blast, Neer Ventures, First Check Ventures, and Mission Street Capital.
ChainCatcher · Feb 2026
Reports Ruvo’s $4.6M financing round and identifies the same core investor set, reinforcing the February 2026 funding announcement.
Business Week · Feb 2026
Portuguese-language coverage of Ruvo’s seed round, led by 1confirmation with participation from Coinbase Ventures, Rebel Fund, Blast, Neer Ventures, First Check Ventures, Mission Street Capital, and Y Combinator support.
Jobs and careers at Ruvo
0 jobs at Ruvo
No open positions
Check back later for new openings