DAREX Tier: Tier A — Limited Regulatory Exposure

A heavily regulated, global B2B2C fiat-to-crypto on-ramp and off-ramp infrastructure provider. Unlike pure aggregator models, Ramp Network directly processes fiat clearing, manages crypto liquidity, and enforces strict, in-house KYC/AML compliance under top-tier global financial licenses.

R42 Risk Signal

• Signal: 🟢 GREEN

• Confidence Grade: High (A)

• Explanation: Ramp Network operates as a directly licensed financial institution across multiple strict regulatory jurisdictions (US, UK, EU). It retains full control over the transaction lifecycle, executing its own KYC, AML, and sanctions screening rather than delegating it to third parties. While the crypto-payment sector carries inherent fraud risk, the corporate entity itself demonstrates top-tier compliance rigor and accountability.

Key Data Table

Operational Overview

Ramp Network builds non-custodial fiat-to-crypto infrastructure. Its core product is a customizable software development kit (SDK) and API that Web3 wallets, DeFi applications, and blockchain games embed directly into their platforms. It allows end-users to purchase or sell cryptocurrencies using traditional payment rails (credit/debit cards, bank transfers, Apple Pay, Google Pay, Pix) seamlessly within the partner app. Ramp utilizes a “universal KYC” model, meaning a user verified once through Ramp can transact across its entire merchant network without re-verification.

Regulatory Framework

Ramp operates under direct, top-tier financial licenses rather than relying on partners:

• United Kingdom: Registered with the Financial Conduct Authority (FCA) as a cryptoasset business (FRN: 928783).

• United States: Registered with FinCEN as a Money Services Business (MSB Registration: 31000287566749) and holds state-level Money Transmitter Licenses (MTLs).

• European Union: Authorized as a Crypto Asset Service Provider (CASP) by the Central Bank of Ireland, fully aligning with the EU’s MiCAR framework.

Ownership & Executives

• Przemek Kowalczyk: Chief Executive Officer (CEO) & Co-Founder.

• Szymon Sypniewicz: Co-Founder, Advisor, and Board Member.

Corporate Structure

The organization relies on a distributed corporate structure to meet local licensing requirements. The core technology and development hub is based in Warsaw, Poland (Ramp Network sp. z o.o.). Financial operations and regulatory clearing are strictly partitioned across regional subsidiaries in the UK (Ramp Swaps Limited), the US (Ramp Swaps LLC), and the EU (Ramp Swaps (Ireland) Limited).

Technical Footprint

• Primary Domains: rampnetwork.com, ramp.network

• Infrastructure: Cloud-native architecture with SOC 2 Type II certification.

• Ecosystem: Directly processes fiat and crypto transactions across 100+ digital assets and 40+ fiat currencies.

Merchant/Customer Footprint

Ramp’s B2B integrations are focused heavily on established Web3 ecosystems, self-custodial wallets, and decentralized applications. Prominent integrated partners include MetaMask, Trust Wallet, Ledger, Sorare, and the Opera browser. They also service direct retail consumers via their standalone web and mobile applications.

Enforcement/Litigation History

A search of global regulatory databases (FCA, SEC, FinCEN, OFAC, Central Bank of Ireland) confirms no direct enforcement actions, litigation, or regulatory sanctions against the legitimate Ramp Network entities or its founders.

Red Flags

• Brand Impersonation / Clone Scams: The most significant risk associated with the brand is external. Malicious actors frequently run “clone scams” (e.g., fraudulent WhatsApp/Telegram groups named “App RAMP NETWORK LLC”), tricking retail victims into sending funds under the guise of guaranteed crypto investments.

• Chargeback Vulnerability: As a direct fiat processor, Ramp absorbs the primary risk of credit card chargebacks and first-party fraud inherent to retail crypto purchases.

Merchant Due-Diligence Checklist

• Verify the integration connects to official rampnetwork.com API endpoints to rule out clone scams.

• Confirm the merchant’s target demographics fall within Ramp’s officially supported and licensed jurisdictions.

• Review the merchant’s internal fraud-prevention tools to ensure they complement Ramp’s AML checks.

• Audit the UX flow to ensure customers are clearly notified that fiat processing and KYC are handled by Ramp Network, not the merchant platform.

Evidence Box (Sources)

• Central Bank of Ireland CASP Register (2026).

• UK Financial Conduct Authority (FCA) Financial Services Register (FRN: 928783).

• US FinCEN MSB Registrant Search (ID: 31000287566749).

• Avvocato Penalista H24 / Scam Monitoring Alerts regarding “App RAMP NETWORK LLC” clone scams.

Update Log

• March 8, 2026: Initial RatEx42 Compliance Profile generated.

Whistle42 Call to Action

Have you encountered a platform operating a clone scam using the Ramp Network brand, or do you have insights on high-risk merchants utilizing their API? Protect the ecosystem by submitting an anonymous tip via the Whistle42 whistleblower portal.