# Ravasend

> Convert Crypto to Naira in Minutes

Ravasend is a crypto off-ramp that lets users in emerging markets convert USDT, USDC, and other cryptocurrencies to local bank accounts in minutes.

Ravasend is a crypto-to-fiat off-ramp company serving users in emerging markets, with its initial focus on Nigeria. The platform accepts deposits of stablecoins and other cryptocurrencies and settles the equivalent value in local currency directly to a recipient's bank account within minutes rather than the hours or days typical of conventional transfer rails. It targets individuals receiving cross-border crypto payments who need fast, predictable access to spendable local cash.

The service addresses a gap between the speed of global crypto transfers and the slower pace of local banking infrastructure in emerging markets. Users create a wallet, deposit supported crypto assets, and convert them at displayed real-time rates before withdrawing to a linked bank account, with identity verification and compliance checks applied throughout. Underlying wallet, settlement, and compliance functions are delivered in part through regulated third-party providers.

Ravasend is built primarily for freelancers, remote workers, diaspora communities sending remittances, and individuals and businesses needing to settle time-sensitive payments such as rent, tuition, and medical bills. It operates as a product under a broader financial technology company that also offers related services such as mobile airtime and data purchases using crypto. The company continues to expand its supported payout corridors within emerging markets.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2022-01-01
- Profile: https://thegrid.id/profiles/ravasend

## Products

- [Ravasend](https://thegrid.id/profiles/ravasend): Ravasend is an off-ramp platform that converts stablecoins and cryptocurrencies into local fiat currency and deposits funds directly into users' bank accounts. It works through a mobile app wallet where users deposit crypto assets, which are converted at real-time market rates and settled to a linked bank account within minutes. The service targets individuals and businesses in emerging markets needing fast cross-border settlement for time-critical payments such as remittances, freelance income, or business receipts. (On/Off Ramp, Live, Main Product)

## Links

- [Main](https://ravasend.com)
- [Privacy policy](https://www.ravasend.com/privacy)
- [Terms of Service](https://www.ravasend.com/terms)
- [Twitter / X](https://x.com/ravasend)
- [Instagram](https://www.instagram.com/ravasend)
- [LinkedIn](https://www.linkedin.com/company/ravasend)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP