Prex vs Ripio
On cashback Ripio wins (up to 2%). Neither wins across the board: weigh the points above against your use case before choosing between Prex and Ripio.
| Prex | Ripio | |
|---|---|---|
| Tier | B | B |
| Rating | ★ 3.7 | ★ 3.7 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | condiviso | condiviso |
| Multi-currency | No (single currency) | Yes · 2 currencies |
| Outbound transfers to third-party IBANs | No | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | No | Yes |
| Interest on balance | 0% | 0% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | LATAM · 4+ countries | LATAM, US, EEA · 8+ countries |
| Regulator | None | CNV / Florida MSB |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| SEPA transfer | — | Free |
| Regions | LATAM | LATAM, US, EU/EEA |
| Licences & safety | None | VASP |
Frequently asked questions
Prex vs Ripio: which is better?
On cashback Ripio wins (up to 2%). Neither wins across the board: weigh the points above against your use case before choosing between Prex and Ripio.
Which is cheaper, Prex or Ripio?
On the standard spending profile Prex has the lowest net annual cost: €0 versus €0 for Ripio.
Which offers more cashback, Prex or Ripio?
Ripio has the highest cashback: up to 2%. Note the top rate often requires token staking and is subject to spending caps.
Is Prex custodial or self-custody?
Prex is custodial: funds are held by the platform, while Ripio is custodial.