PayPro prides itself on being the very first financial marketplace in the form of a decentralized autonomous organization, or DAO. With PayPro, any decentralized application can offer its services. The team behind PayPro sees this as a nice advantage for users because dApps compete among themselves to see who becomes your supplier, instead of you having to compete with other customers to find the right one. Since PayPro is within the financial sector, this is a sharp contrast to how banks currently operate.


To meet this goal, PayPro will start by building a universal wallet that can store all of the most popular cryptocurrencies, as well as all types of ERC-20 tokens. Once the wallet is complete, the team will move onto building the marketplace.

Why Is PayPro Necessary?

According to its whitepaper, the PayPro team sees its future as a place in a world where smart contracts are used for daily activities, including insurance, trading, and using decentralized computer power. With so much decentralization, the team sees banking following the same route.

Current banking services are moving toward some decentralization thanks to worldwide initiatives and dApps. However, the problem is that there is no common platform where users can browse, compare, and access all of these dApps. The team envisions PayPro’s marketplace as becoming this platform, working in a similar way to Google Play’s function for Android applications, but in the world of dApps for the financial sector.

As more smart contracts are used, PayPro will make it possible for users to keep all currencies and smart contracts in a single wallet, eliminating the need to have multiple wallets. The ultimate goal, as mentioned above, is creating a decentralized financial marketplace that lets users manage and store all crypto assets, including investments, currencies, and loans. PayPro will be the first to offer this type of marketplace.

Who Is Behind PayPro?

The CEO of PayPro is Pablo Ruiz, who has a degree in law and Master of Science in management, plus a previous company under his belt. The CFO, Gabriel Llambias, has over 10 years’ worth of experience with banking and has helped start another company. The CTO, Enric Giribet, has just under 10 years of experience with programming, including multiple years with developing on the blockchain.

PayPro Team

Roger Baiget is the junior developer and has worked in Accenture and studied telecommunications engineering. The marketing advisor, Jonas Karlberg, founded AmaZix, the leading community management and engagement firm that has been crucial for multiple successful token sales. Finally, Josep Sanjuas is the technical advisor; he has a Ph.D. in computer science and a startup in the field of IP network traffic analysis.

What Will the Wallet Do?

The wallet from PayPro will function like other wallets on the market, but it will offer the additional benefit of storing all of the ERC-20 tokens and popular cryptocurrencies. This is a sharp contrast to existing wallets, which tend to only store a handful of cryptocurrencies. To create the wallet, the team will integrate Ethereum into the system. Once complete, the wallet can use the marketplace to invest in crowdfunding platforms. Any tokens received from the investment would also be stored on the wallet, meaning that all liabilities and crypto-assets can be stored there. The main currency in the wallet will be the PayPro Token, which will be easy to exchange with other currencies.

Marketplace & Wallet

What Will the Marketplace Do?

The decentralized financial marketplace will be the very first of its kind. The marketplace will have two layers of decentralization to follow the goals of the developers. To start, they will build it on Ethereum in the form of a Decentralized Autonomous Organization. To meet the requirements of a DAO, the application will be open source with an autonomous operation. The use of the cryptographic token will reward contributors while also letting users access the application. To separate PayPro from dApps and let it classify as a DAO, the marketplace makes decisions on its own and has internal capital.

Additionally, PayPro will not offer its own services, like a centralized platform would. Instead, it will invite financial dApps to offer their services without a screening process. This takes advantage of decentralization by allowing dApps to compete to win you over.


What Has PayPro Already Accomplished?

On Jan. 9, 2015, PayPro was born. Team members had the ultimate goal of making a bank but decided to start with a payment tool. The team launched the tool in May 2016, once they got authorization from the UK Financial Conduct Authority to be a payment institution. By May 2017, PayPro had a full year of transactions under its belt, with 100 companies using the tool and monthly transactions of 500,000 Euros.

In April 2017, team members decided that they wanted to evolve their offerings. They started to examine how they thought banks would be in the future. This led to the release of their iOS wallet in November of that year. This universal wallet is already able to store Bitcoins. Just this year, starting on Jan. 8, PayPro had its ICO pre-sale. The ICO main sale began on Jan. 15.

What Does the Future Roadmap Look Like?

The next big thing for PayPro will be in July 2018, when the team hopes to launch the marketplace. In the meantime, developers will continue to update the wallet periodically, adding features to expand its usefulness.

PayPro Timeline

What Should You Know about the ICO and Token?

As mentioned, the ICO main sale began on Jan. 15. The minimum investment is 0.5 ETH. The ICO will let the team behind PayPro raise the funds necessary to build the platform. The PayPro Token, PIP, is the flagship currency in the platform’s ecosystem. Suppliers will receive PIPs upon selling their services to users, and every single service on the marketplace will be paid in PIP. There will also be a second token, zPIP, that lets the community link a value to the services they receive. These zPIPs will be integral to the rating system for dApps.

Update: Token sale ends on February 26th at 21:00.



While there are numerous wallets and payment platforms available as dApps and DAOs, PayPro will offer a unique perspective. Once the marketplace launches, it should prove incredibly useful for those who want to take advantage of the existing or newly launched dApps but prefer to be able to view all the options in a single place.

Useful Links


Posted by Oliver Dale

Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all.

All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

Leave a reply

Your email address will not be published. Required fields are marked *