Offramp

Offramp (offramp.xyz), also referenced as Offramp Labs, operated a consumer fintech product that gave users outside the United States a USD account with routing details, so that payouts from freelance and payroll platforms — Deel, Oyster, Patreon, Rippling, Upwork, Freelancer, Toptal and Fiverr — could be received without a U.S. LLC, registered agent or U.S. address. The company marketed settlement of such payouts in seconds (typically under five, with a stated benchmark of 3.96 seconds) versus one to five days for Payoneer, Wise, Bitso and Lemon Cash.

Beyond receiving funds, the platform offered withdrawal to local bank accounts, local rails including Pix in Brazil and CLABE in Mexico, a Visa card described as accepted at over 150 million merchants, fee-free USDC withdrawal to external wallets across 13 EVM chains plus Solana, and fractional US stock investing from the dollar balance. Yield on balances was described as sourced from U.S. Treasury bills and short-duration protocols. The site listed banking partners, regulated status, non-custodial crypto, end-to-end encryption and SOC 2 alignment as trust attributes. A third-party DApp directory characterises the product's earlier positioning as a self-custodial, decentralised on/off-ramp using hybrid escrow smart contracts, with fiat top-ups via more than 180 payment methods; that source is AI-assisted and unverified.

On July 1, 2026 the company published a wind-down notice stating that market conditions had made it difficult to continue building Offramp, and set out a phased closure running through December 31, 2026.

Founding story

A third-party DApp directory names Luc Loja as co-founder and Rosiebelt Jun Abisado as founding engineer. A company directory lists Luc Loja as Founder & CEO and Rosiebelt Jun Abisado as Founding Engineer, alongside MJ Garcia (Operations Manager), Blessy Villeza (Full Stack Engineer) and Kendall Rancis Segovia (Software Engineer). No founding date is stated in the sources.

Business model

Consumer fintech account: users opened a USD account and card and paid transaction-based fees rather than subscription fees.

The published pricing sets no account issuance or maintenance fee, a 0.5% ACH transaction fee, a $20 + 0.5% wire fee, and local transfers in EUR, BRL, AED, MXN and GBP at stated real-time exchange rates with no disclosed additional fee; USDC withdrawals to external wallets were advertised at 0% fee. Balances were invested in U.S. Treasury bills and short-duration protocols to generate yield.

Traction

The sources contain no user, volume or revenue figures. Evidence of usage is limited to customer testimonials on the company site and a reference to a Discord community; a company directory lists 1-10 employees.

Latest developments

On July 1, 2026 Offramp published a shutdown notice on its blog. Instant transfers, QR payments, new virtual accounts, new savings deposits and stock purchases, and new physical card orders were disabled immediately, and the mobile app was delisted from the App Store and Google Play. Fiat deposits and withdrawals, crypto deposits and card spending end July 31, 2026; the mobile app stops working after that date, with web access continuing at app.offramp.xyz. Virtual accounts close August 31, 2026; card disputes and refund requests must be filed by September 30, 2026; crypto withdrawals and savings/investments close December 31, 2026, after which the platform is fully closed. Remaining crypto balances are to be moved to users' embedded wallets. Gate News reported the closure on July 4, 2026.