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RITMO logo — The financial operating platform for online sellers.

RITMO

The financial operating platform for online sellers.

Founded 2021 Spain Spain 25 employees Seed Total: $416.80M Financial Services, Fintech

General Information

Company Name RITMO
Founded Year 2021
Location Spain Spain +2
Founders / Decision Makers
Team member Team member
Employees 25
Industries Financial Services, Fintech
Funding Stage Seed
Social

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About RITMO

RITMO is a financial operating platform catering to the needs of online sellers. The platform, founded in 2021 and headquartered in Spain, specifically targets e-commerce businesses in Europe and LATAM, offering a cash flow management solution. With a focus on cross-border payments and flexible funding, RITMO aims to streamline financial operations for e-commerce entrepreneurs, allowing them to dedicate more time towards business development. The company has gained significant traction, securing over $225MM in financing within its first year of operation, and currently operates in five countries across Europe and Latin America. This noteworthy achievement was made possible through a Seed Round investment led by Latin Leap. RITMO's comprehensive financial services and fintech solutions have positioned it at the forefront of empowering e-commerce merchants to facilitate growth and optimize payment terms with suppliers.

Taxonomy: financial operating platform, cash flow management, Europe, LATAM, cross-border payments, flexible funding, ecommerce entrepreneurs, financing for growth, payment terms, startup, serial entrepreneurs, online sellers, business financing

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1 •••• •••• 01 May 2022
Debt Financing •••••• 2
Investor Investor
08 Apr 2022
Seed Round •••••• 6
Investor Investor Investor Investor Investor
•••• •••• 		29 Jul 2021
Seed Round •••••• 1
Investor
07 Apr 2021

Latest News

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PayPal co-founder Peter Thiel backs German B2B BNPL Mondu in $13M Series A extension — Techfundingnews.com
PayPal co-founder Peter Thiel backs German B2B BNPL Mondu in $13M Series A extension
Techfundingnews.com Jan 12, 2023

RITMO Alternatives & Competitors

RITMO vs
Aloi
Aloi Nepal

Bridging Financial Inclusion | Empowering Entrepreneurs | Aloi: Fintech company

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RITMO vs
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RITMO vs
Qred
Qred Sweden

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FAQ About RITMO

The financial operating platform for online sellers.
RITMO was founded in 2021.
RITMO is headquartered in Spain.
RITMO operates in the following industries: Financial Services, Fintech.
RITMO has approximately 25 employees.
RITMO has completed 4 funding rounds, raising a total of $416.80M. The latest funding stage is Seed.
Top alternatives and competitors to RITMO include Aloi, Unlimitd, Qred, Jenfi, Rent to Own Zambia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RITMO and Aloi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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