Onramp Money

Onramp Money is a fiat-to-crypto payment gateway that enables individuals and businesses to convert local currencies into digital assets — and back again — without leaving their preferred wallet or application. Founded in 2022 and headquartered in Bengaluru, India, the platform was built to solve one of crypto's most persistent friction points: the gap between traditional banking systems and Web3 onboarding, particularly for users in emerging markets.

How It Works

At its core, Onramp Money acts as a compliance and payment infrastructure layer that sits between a user's local bank and the blockchain. Rather than requiring users to navigate a standalone exchange, Onramp is designed to be embedded directly inside wallets, DeFi platforms, and Web3 applications.

Partners integrate through one of three approaches:

• Hosted mode: The simplest path — developers redirect users to an Onramp URL with query parameters. No SDK required; works on desktop and mobile.
• Overlay mode: Uses Onramp's Web SDK (@onramp.money/onramp-web-sdk) to render the on-ramp as an in-app overlay, keeping users within the host application throughout the purchase flow.
• Merchant Checkout: A configurable checkout flow for e-commerce-style crypto purchase scenarios.

Onramp handles everything downstream from the integration point: KYC verification, regulatory compliance across jurisdictions, fiat payment processing, and wallet delivery of the purchased asset. Partners can focus on user experience while Onramp manages the compliance stack.

Products and Features

The platform offers four user-facing functions:

• Buy: Purchase cryptocurrencies with local fiat currency using supported payment methods.
• Sell: Convert crypto holdings back to fiat, delivered to a linked bank account.
• Swap: Exchange tokens directly within the Onramp interface.
• Gift Cards: Purchase vouchers using cryptocurrency, with individual transaction limits up to $10,000.

Onramp supports 480+ tokens across more than a dozen blockchain networks, including Ethereum (ERC-20), BNB Smart Chain (BEP-20), Polygon (MATIC-20), Tron (TRC-20), Solana, NEAR, Optimism, and Arbitrum. Prominent supported assets include SOL, USDT, USDC, ETH, BNB, and MATIC. Developers can query the current full token list programmatically via the listAllCoins API endpoint.

Geographic Reach and Payment Methods

Onramp operates across 75+ countries, supporting 22 fiat currencies spanning Asia, Europe, Latin America, and Africa. The platform has a pronounced focus on India — supporting Indian Rupee (INR) purchases via UPI, IMPS, PhonePe, and Paytm — but extends broadly:

• Europe: SEPA bank transfers
• Brazil: PIX instant payments
• Southeast Asia, Mexico, Vietnam, Turkey: Local payment rails in respective local currencies (VND, MXN, TRY)

This payment-method diversity makes Onramp particularly relevant for Web3 applications targeting emerging markets where credit card penetration is low but mobile payment infrastructure is mature.

Fee Structure

Onramp's partner pricing model is fully configurable. Partners can apply percentage-based fees, flat per-transaction fees, or absorb all costs to offer a zero-fee experience to end users. Charges are aggregated and invoiced monthly, giving partners flexibility to build their own margin structures on top of the base gateway fee.

KYC and Compliance

KYC requirements are jurisdiction-specific. In India, basic verification requires an Aadhaar card, PAN card, and a video verification step; enhanced due diligence applies for transactions above 500,000 INR and requires bank statements and income documentation. Globally, swap limits are tiered: approximately $20,000 per month without KYC and $100,000 or more per month with full verification, though exact limits vary by region and regulatory framework.

Webhooks deliver real-time transaction status updates to partner systems. Payloads are signed with HMAC-SHA512 signatures, allowing partners to verify event authenticity before processing fulfillment logic. The platform reports a fraud rate below 0.01%.

Team and Funding

Onramp Money was co-founded by Prashant Singh, Gaurav Dahake, Sethumadhavan, and Srikanth Sethumadhavan. The company employs approximately 45 people as of early 2024 and draws around 106,000 monthly visitors to its web properties.

In March 2024, Onramp raised a seed round led by FunFair Ventures; the amount was not publicly disclosed. No additional funding rounds have been announced as of mid-2026.

Solana Ecosystem Fit

Solana is a natively supported blockchain within the Onramp Money gateway, and SOL is available for direct purchase using local fiat currencies across all supported markets. This positions Onramp as an accessible entry point for new Solana users in India and other high-growth emerging markets who want to acquire SOL or Solana-based tokens without navigating a centralized exchange.

The platform's B2B integration model makes it relevant for Solana wallets, DeFi frontends, and NFT marketplaces seeking to add fiat on-ramp capability without building compliance infrastructure in-house. Partnerships with wallets like MetaMask and, more recently, Lumo Wallet (integration announced July 2026) demonstrate the model in practice: the wallet embeds Onramp's overlay SDK and users purchase crypto directly without leaving the application.

For Solana projects targeting Indian users in particular, Onramp's UPI integration offers a direct bridge from India's dominant mobile payment system to on-chain asset ownership — a meaningful capability given India's large and rapidly growing retail crypto market.