"Aureo, formerly known as Swapido, has raised $1.1 million in pre-seed funding from Early Riders to develop a specialized Bitcoin platform targeting high-net-worth individuals (HNWIs), family offices, and companies in Mexico and Latin America. The funding, announced on October 20, 2025, will support the creation of a white-glove service focused on secure Bitcoin transactions, custody, and advisory for institutional and long-term holders."
"Launched as Swapido on October 11, 2024, by CEO Gustavo Flores Echaiz, the company initially operated as a web app facilitating Lightning Network-to-peso conversions. In its first year, it processed over 5 BTC in volume for hundreds of advanced users, serving as Mexico's simplest off-ramp for spending Bitcoin. The rebrand to Aureo reflects an expansion into comprehensive Bitcoin services, looking to build trust and offer high security white glove services, tailored for Latin America's unique challenges in this area."
Aureo secured $1.1 million in pre-seed funding from Early Riders to build a specialized Bitcoin service for high-net-worth individuals, family offices, and companies in Mexico and Latin America. The platform will deliver white-glove support for secure Bitcoin transactions, custody, and advisory aimed at institutional and long-term holders. Services include discreet large-volume execution, self-custody guidance, multi-institution custody (MIC) advisory, local fiat integration, and inheritance planning. Aureo holds a Bitcoin Service Provider license from El Salvador and states full compliance with Mexican regulations. Planned features include a Buy option and a partnership with Onramp to create a LatAm-specific MIC.
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