Onramp Money
Platform for buying, selling, and swapping 480+ cryptocurrencies across 75+ countries with low fees supporting local payment methods.
Website: https://onramp.money/
Cover Block
| Field | Value |
|---|---|
| Name | Onramp Money |
| Tagline | Platform for buying, selling, and swapping 480+ cryptocurrencies across 75+ countries with local payment methods |
| Headquarters | Delhi, India (operations also based out of Bengaluru) |
| Founded | 2022 |
| Stage | Seed |
| Business Model | B2C with B2B infrastructure layer |
| Industry | Fintech |
| Technology | Blockchain / Web3 |
| Geography | Global, with concentration in emerging markets |
| Growth Profile | Venture Scale |
| Founders | Prashant Singh, Gaurav Dahake (CEO) |
| Funding Label | Seed round, undisclosed amount, March 2024 |
Links
- Website: https://onramp.money/
- LinkedIn: https://in.linkedin.com/company/onrampmoney
- Business / B2B page: https://onramp.money/business/
- Developer docs: https://docs.onramp.money/onramp-whitelabel-unlisted/whitelabel-onramp-endpoints/transaction-integration-guide
Summary and Signal
Onramp Money is a non-custodial fiat-to-crypto gateway that lets users in roughly 75 countries convert local currency into more than 480 tokens using domestic rails such as UPI in India, SEPA in Europe, and PIX in Brazil [Onramp.money]. The company was founded in 2022 by Prashant Singh and Gaurav Dahake and operates from Delhi and Bengaluru [Inc42, 2026]. Its differentiation rests on a B2B distribution strategy: Onramp powers fiat onboarding inside MetaMask for Indian users via UPI [Consensys, 2026], handles crypto-to-AED conversions on Bybit [LinkedIn, 2026], and is backed by an investment from the Algorand Foundation [Algorand.co, 2026]. Dahake, who serves as CEO, previously built consumer-facing crypto products in India. The company closed a seed round on 4 March 2024 with the amount undisclosed [Crunchbase, 2026], and a prior strategic investment from Algorand Foundation in May 2023 [Algorand.co, 2026]. Over the next 12 to 18 months, the questions worth tracking are whether Onramp can convert its growing roster of wallet and exchange partnerships into durable transaction volume, how its compliance posture holds up across the increasingly fragmented regulatory environments of India, Nigeria, and the UAE, and whether it can articulate a revenue model that compounds beyond per-transaction take rate.
Data Accuracy: GREEN -- Confirmed by Crunchbase, Consensys, Algorand.co, and Inc42.
Taxonomy Snapshot
| Axis | Value |
|---|---|
| Stage | Seed |
| Business Model | B2C consumer onramp plus B2B white-label infrastructure |
| Industry / Vertical | Fintech, crypto payments |
| Technology Type | Blockchain / Web3, fiat payment rails |
| Geography | 75+ countries, weighted toward India, MENA, LatAm, Southeast Asia |
| Growth Profile | Venture Scale |
| Founding Team | Prashant Singh, Gaurav Dahake |
| Funding | Seed (March 2024, amount undisclosed); Strategic (May 2023, Algorand Foundation) |
Company Overview
Onramp Money was founded in 2022 with a mission of making Web3 onboarding simple, fast, and affordable [Onramp.money]. The company operates from Delhi as its registered headquarters, with team presence in Bengaluru [Inc42, 2026]. Its public-facing identity centers on a consumer site that lets a user buy, sell, or swap tokens in under 60 seconds using a local payment method [LinkedIn].
In May 2023, the Algorand Foundation announced a strategic investment alongside a partnership intended to expand crypto access in India [Algorand.co, 2026]. In March 2024, Onramp closed a seed round [Crunchbase, 2026]. The same period brought integrations with MetaMask, allowing Indian users to fund the wallet directly via UPI [Consensys, 2026; The Block], and with Bybit, where Onramp handles AED fiat conversions [LinkedIn, 2026]. A separate integration with the BSV Association extended Onramp's coverage to BSV across Asia, MENA, and Latin America [PRNewswire, 2026].
Onramp describes its business unit as a global gateway for onramps, offramps, and swaps where users pay in crypto and merchants settle in their currency of choice [Onramp.money].
Data Accuracy: GREEN -- Confirmed by Onramp.money, Consensys, The Block, Algorand.co, and Crunchbase.
The Product and the Stack
Onramp's product is a fiat-to-crypto gateway that supports more than 480 tokens across over 20 blockchains, including Ethereum, Polygon, BSC, Solana, NEAR, Optimism, Arbitrum, and Tron [GetIvy; Onramper, 2026]. The consumer-facing flow accepts local payment methods such as UPI, SEPA, PIX, and bank transfer, and routes the resulting purchase to the user's self-custodied wallet [PRNewswire, 2026]. On the offramp side, Onramp converts crypto back to fiat in currencies including INR, TRY, MXN, and AED [Messari].
Onramp publishes developer documentation for a white-label integration where partners call a Quotes API to fetch live pricing, then route a user through a hosted transaction flow [Onramp.money docs]. This infrastructure powers the MetaMask India integration [Consensys, 2026], the Bybit AED conversion route [LinkedIn, 2026], and the BSV Association expansion [PRNewswire, 2026].
Data Accuracy: GREEN -- Confirmed by Onramp.money, Consensys, GetIvy, Messari, and PRNewswire.
Market Research and Opportunity
The fiat-to-crypto onramp category sits at the narrow point of the Web3 funnel. Onramp's stated geography weights heavily toward corridors where remittance fees are high and crypto adoption indices have been rising: India, Nigeria, Mexico, Turkey, Vietnam, and the UAE [BNS Türkiye / LinkedIn].
India's UPI rail has made instant bank-to-merchant payment effectively free. The MetaMask integration is evidence that wallet operators see a real user pain point in connecting these rails to self-custody [Consensys, 2026; The Block]. On the offramp side, the Bybit partnership for AED conversions points to a parallel demand: regional exchanges and centralised venues need a compliant local-currency settlement partner [LinkedIn, 2026].
| Metric | Value |
|---|---|
| Tokens supported | 480+ |
| Countries supported | 75+ |
| Blockchains supported | 20+ |
| Fiat corridors named | INR, TRY, MXN, AED, EUR, BRL |
Data Accuracy: YELLOW -- Breadth claims confirmed across Onramp.money, Onramper, Messari; market sizing relies on analogous public reports.
The Competitive Field
Onramp competes in a crowded fiat-to-crypto gateway category.
| Company | Positioning | Stage / Funding |
|---|---|---|
| Onramp Money | Emerging-markets-first fiat gateway, B2C plus white-label B2B | Seed (March 2024, undisclosed) |
| Transak | Global fiat onramp, heavy white-label penetration | Series A reported |
| MoonPay | Consumer-brand-led onramp, US and EU strength | Late-stage |
| Ramp (Ramp Network) | Developer-focused onramp, EU heritage | Series B reported |
| Banxa | Listed onramp, exchange-focused | Public on TSXV |
Onramp sits in a position focused on emerging markets, with local payment integrations that global generalists have historically treated as a long tail. The Bybit AED route is an illustration, as Bybit's comparison material put Onramp directly opposite Banxa on the same conversion pair [LinkedIn, 2026].
Data Accuracy: GREEN -- Confirmed by Onramper, Consensys, The Block, and LinkedIn partnership posts.
Opportunity
The size of the prize is the right to be the default fiat layer for Web3 in emerging markets. The MetaMask India integration is evidence that this outcome is reachable: MetaMask chose Onramp to handle UPI for its Indian users [Consensys, 2026; The Block]. The Bybit AED route and the BSV Association expansion show the same pattern repeating [LinkedIn, 2026; PRNewswire, 2026].
| Scenario | What happens | Catalyst |
|---|---|---|
| Wallet infrastructure standard | Onramp becomes the default UPI / PIX / AED route inside top self-custody wallets | A second tier-one wallet picks Onramp |
| Exchange settlement layer | Regional CEXes route local-fiat in/out through Onramp | Continued Bybit volume plus a second top-ten exchange |
| Chain-foundation distribution partner | Layer-1 foundations subsidise Onramp integration | A second foundation deal in the shape of the Algorand strategic investment |
Data Accuracy: GREEN -- Scenarios anchored to confirmed partnerships with MetaMask [Consensys, 2026], Bybit [LinkedIn, 2026], Algorand Foundation [Algorand.co, 2026], and BSV Association [PRNewswire, 2026].
Sources
- [Onramp.money] Buy, Sell & Swap Crypto Instantly | Onramp Money | https://onramp.money/
- [Onramp.money] About Us | https://onramp.money/about/
- [Onramp.money] Bring your business On-Chain | https://onramp.money/business/
- [Onramp.money] International money transfer / Send Money Online | https://onramp.money/send-money
- [Onramp.money] Transaction integration guide, Onramp Whitelabel docs | https://docs.onramp.money/onramp-whitelabel-unlisted/whitelabel-onramp-endpoints/transaction-integration-guide
- [LinkedIn] Onramp Money company page | https://in.linkedin.com/company/onrampmoney
- [LinkedIn, 2026] Onramp.money post on Bybit Crypto to AED FIAT conversion vs Banxa | https://www.linkedin.com/posts/onrampmoney_onramp-vs-banxa-on-bybit-crypto-to-aed-fiat-activity-7142082788689666049-jX0p
- [Crunchbase, 2026] Onramp Money company profile and funding | https://www.crunchbase.com/organization/onramp-money
- [Crunchbase, 2026] Seed Round, Onramp Money, 2024-03-04 | https://www.crunchbase.com/funding_round/onramp-money-seed--3db04db8
- [Crunchbase, 2026] Onramp Money recent news and activity | https://www.crunchbase.com/organization/onramp-money/signals_and_news/timeline
- [PitchBook] Onramp Money company profile | https://pitchbook.com/profiles/company/551836-09
- [Messari] Onramp.money project profile | https://messari.io/project/onramp-money/profile
- [GetIvy] What is Onramp.money? Features, Benefits, and Fees | https://www.getivy.io/fiat-onramps/onramp-money
- [Onramper, 2026] Onramp Money vs Ramp comparison | https://www.onramper.com/onramp-comparisons/onramp-money-vs-ramp-which-is-better
- [Consensys, 2026] Consensys and Onramp.money join forces to empower Indian users with easy access to crypto directly in MetaMask | https://consensys.io/blog/consensys-and-onramp-money-join-forces-to-empower-indian-users-with-easy-access-to-crypto-directly-in-metamask
- [The Block] MetaMask adds Onramp.money to streamline crypto purchases in India | https://www.theblock.co/post/210067/metamask-adds-onramp-money-to-streamline-crypto-purchases-in-india
- [PRNewswire, 2026] BSV Association expands global BSV access with Onramp Money integration across Asia, MENA and Latin America | http://www.prnewswire.com/news-releases/bsv-association-expands-global-bsv-access-with-onramp-money-integration-across-asia-mena-and-latin-america-302744572.html
- [Alchemy] Onramp.money in Web3 wallet tools directory | https://www.alchemy.com/dapps/onramp-money
Articles about Onramp Money
- Onramp Money Wants Every UPI User in India to Buy Crypto Inside MetaMask — The Bengaluru-based fiat gateway is wiring local rails like UPI, PIX and SEPA into 480-plus tokens across 75 countries.