Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Ruvo Card Deposito USD

Name: Ruvo Card
Brand: Ruvo Financial Inc.

A plan byRuvo Card · Visa

3.0/5 2.6/5 · Data verified on Jun 22, 2026

Ruvo is a "global dollar account" built for the Brazil-United States corridor: it connects Pix, stablecoins (USDT) and Visa in a single mobile app. Users can receive USD from abroad, convert between BRL and USD, send money to the U.S., and spend worldwide with a Visa card that works with Apple Pay and Google Pay. The wallet is non-custodial (users keep control of their private keys) and is built on programmable smart wallets via Crossmint infrastructure, with on-chain settlement on Polygon. Card issuance is free, the FX markup on non-USD transactions is 1%, and there is no cashback. Identity verification (KYC) is required. Ruvo serves both personal and business users in Brazil and the United States. The annual fee, ATM fees and ATM limits are not publicly disclosed, so they are shown as 0 in this entry in the absence of an official figure. The company is Ruvo Financial Inc., backed by Y Combinator; its founding year is not publicly documented.

Estimated net annual cost €0/year

Deposito USD

fee_pct: 0.9%

FX markup

—

Cashback

Free

Annual fee

Free

Issuance fee

Self-custody

Custody

Transparency: Very low

31/100 · see methodology

Data exposure: Minimal

31/100 · lower is better for sovereignty · methodology

Data & conditions

§ Amounts in USD/GBP are shown in the service's native currency.

Network	Visa
Fund custody	Self-custody (funds in your control)
Issuance fee	Free
Annual fee	Free
ATM withdrawal	Free
FX markup	1%
Cashback	—
Chains	Polygon
On-chain settlement	Yes
Contactless	Yes
Virtual card	Yes
KYC	Full
Privacy	5/10
Supported countries	US, LATAM · 2+ countries
Funding / solidity	Ruvo Financial Inc. (precedentemente Cacao), fondata nel 2025 da Alec Howard e Michael Mason, con sede a São Paulo (Brasile). È supportata da Y Combinator e ha raccolto un seed da 4,6 milioni di dollari guidato da 1confirmation.
Estimated net annual cost	€0/year
Segment	B2C, B2B
Funding / solidity	Ruvo Financial Inc. (formerly Cacao), founded in 2025 by Alec Howard and Michael Mason, headquartered in São Paulo, Brazil. It is backed by Y Combinator and raised a $4.6M seed round led by 1confirmation.
MiCA / License status	Ruvo dichiara di non custodire fondi né svolgere attività regolamentate in Brasile; i wallet sono non-custodial e i movimenti passano per partner di infrastruttura

Strengths

Non-custodial wallet: users control private keys, with on-chain settlement on Polygon
Free issuance and a Visa card that works with Apple Pay and Google Pay
Built for the Brazil-US corridor: Pix, USD and USDT in one app, IOF-exempt transactions

Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

Available only in Brazil and the United States, with mandatory KYC
No cashback and a 1% FX markup on non-USD transactions
Annual fee, ATM fees and limits are not publicly disclosed

Full KYC required: verified identity, zero pseudonymity.

Verdict

C C ★ 3.0/5 ★ 2.6/5 Estimated net annual cost: €0/year

Weak regulatory protection: Ruvo states it does not custody funds or carry out regulated activities in Brazil, runs a non-custodial model, and relies on infrastructure partners (Crossmint). It does not appear to hold a specific e-money or payments licence, so formal consumer protections are limited.

Good technical sovereignty: the wallet is non-custodial and users keep control of their private keys, with on-chain settlement on Polygon. However, mandatory KYC and reliance on Visa and infrastructure partners reduce overall autonomy.

Privacy & anonymity 30% 1.3

Fund control 20% 5.0

Censorship resistance 20% 1.5

Costs 10% 3.8

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is the Ruvo Card custodial or self-custody?

Ruvo uses a non-custodial model: users keep control of their wallet's private keys, built on programmable smart wallets with on-chain settlement on Polygon.

Where is the Ruvo Card available and how much does it cost?

Ruvo serves personal and business users in Brazil and the United States. Issuance is free, there is no cashback, and the FX markup on non-USD transactions is 1%. The annual fee and ATM data are not publicly disclosed.