Ryder Secures $3.2M Seed Funding to Revolutionize Crypto Security with Ryder One

Singapore, Singapore, October 18th, 2025, Chainwire
Singapore, Singapore, 17 October 2025 — Ryder, the company behind the easiest to use crypto hardware wallet, Ryder One, that gives users crypto security in 60 seconds or less, announces the close of a $3.2M seed funding round, led by Tim Draper, Founder of Draper Associates. Other participants include venture capital firms Borderless, Semantic, Smape, VeryEarly, as well as angel investors Anatoly Yakovenko, Co-founder of Solana, and Joe McCann, CEO of Asymmetric.
The funding will be used to ramp up production, scale the marketing and engineering teams, and further develop Ryder’s flagship product: Ryder One. It will also enable the next big marketing push and raise brand awareness.
“We created Ryder because we experienced firsthand how fragile and intimidating self-custody can be,” Louise Ivan Payawal, co-founder and CEO of Ryder, added. “For too long, crypto has relied on seed phrases – a single piece of paper that could decide the fate of your entire wallet.”
Marvin Janssen, co-founder and CTO of Ryder, shared, “With Ryder One, we set out to make crypto feel natural and human – as easy as tapping your phone. By simplifying the overall experience and rethinking recovery, we’re opening the door for anyone, anywhere to truly and confidently own and use crypto.”
Tim Draper, Founder of Draper Associates and Satoshi Trillionaire, added, “What the crypto industry needs more than anything right now are solutions that don’t require in-depth technical knowledge while maintaining high security standards. This is exactly what I saw in Ryder’s hardware wallet with its minute-or-under set-up and offline design that keeps users’ holdings safe.”
Ryder One introduces TapSafe recovery, a robust recovery solution for crypto wallets. TapSafe backups are spread across mobile phones and coin-sized NFC Recovery Tags. These backups have to physically be brought together in order to restore access to the wallet in the case of loss. TapSafe is redundant, self-custodial, and eliminates the single point of failure that has existed with seed phrases until now. Customers can use Ryder One to safely create and back up their wallet within 60 seconds.
Julien Neree, CPO of Ryder said, “three years, countless iterations, one mission: to make self-custody effortless for everyone.” Looking ahead, the Ryder team is expanding their vision to everyday use-cases, enabling people to use cryptocurrency directly from their hardware wallet with Ryder’s companion app for tap-to-pay and other seamless, real-world transactions. Ryder is guiding the future of how billions of people will use and integrate digital assets in their daily lives.
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About Ryder
Ryder is changing how people interact with crypto by creating world-class products that make it safer, simpler, and more social. The company’s flagship product, Ryder One, introduces a tap-based experience that makes securing and using crypto as simple as tapping a phone. Ryder was co-founded by Louise Ivan Payawal and Marvin Janssen, both veterans in the crypto space, and joined by Julien Nerée, with over ten years of consumer electronics experience. Ryder has received investments from Tim Draper of Draper Associates, Borderless Capital, Semantic Ventures, Smape, VeryEarly, Anatoly Yakovenko of Solana, Joe McCann of Asymmetric, and other leading crypto investors.
Contact
Marketing Lead
Nisheta Sachdev
Ryder
nisheta@ryder.id
Ryder Secures $3.2M Seed Funding to Revolutionize Crypto Security with Ryder One
Singapore, Singapore, October 18th, 2025, Chainwire
Singapore, Singapore, 17 October 2025 — Ryder, the company behind the easiest to use crypto hardware wallet, Ryder One, that gives users crypto security in 60 seconds or less, announces the close of a $3.2M seed funding round, led by Tim Draper, Founder of Draper Associates. Other participants include venture capital firms Borderless, Semantic, Smape, VeryEarly, as well as angel investors Anatoly Yakovenko, Co-founder of Solana, and Joe McCann, CEO of Asymmetric.
The funding will be used to ramp up production, scale the marketing and engineering teams, and further develop Ryder’s flagship product: Ryder One. It will also enable the next big marketing push and raise brand awareness.
“We created Ryder because we experienced firsthand how fragile and intimidating self-custody can be,” Louise Ivan Payawal, co-founder and CEO of Ryder, added. “For too long, crypto has relied on seed phrases – a single piece of paper that could decide the fate of your entire wallet.”
Marvin Janssen, co-founder and CTO of Ryder, shared, “With Ryder One, we set out to make crypto feel natural and human – as easy as tapping your phone. By simplifying the overall experience and rethinking recovery, we’re opening the door for anyone, anywhere to truly and confidently own and use crypto.”
Tim Draper, Founder of Draper Associates and Satoshi Trillionaire, added, “What the crypto industry needs more than anything right now are solutions that don’t require in-depth technical knowledge while maintaining high security standards. This is exactly what I saw in Ryder’s hardware wallet with its minute-or-under set-up and offline design that keeps users’ holdings safe.”
Ryder One introduces TapSafe recovery, a robust recovery solution for crypto wallets. TapSafe backups are spread across mobile phones and coin-sized NFC Recovery Tags. These backups have to physically be brought together in order to restore access to the wallet in the case of loss. TapSafe is redundant, self-custodial, and eliminates the single point of failure that has existed with seed phrases until now. Customers can use Ryder One to safely create and back up their wallet within 60 seconds.
Julien Neree, CPO of Ryder said, “three years, countless iterations, one mission: to make self-custody effortless for everyone.” Looking ahead, the Ryder team is expanding their vision to everyday use-cases, enabling people to use cryptocurrency directly from their hardware wallet with Ryder’s companion app for tap-to-pay and other seamless, real-world transactions. Ryder is guiding the future of how billions of people will use and integrate digital assets in their daily lives.
###
About Ryder
Ryder is changing how people interact with crypto by creating world-class products that make it safer, simpler, and more social. The company’s flagship product, Ryder One, introduces a tap-based experience that makes securing and using crypto as simple as tapping a phone. Ryder was co-founded by Louise Ivan Payawal and Marvin Janssen, both veterans in the crypto space, and joined by Julien Nerée, with over ten years of consumer electronics experience. Ryder has received investments from Tim Draper of Draper Associates, Borderless Capital, Semantic Ventures, Smape, VeryEarly, Anatoly Yakovenko of Solana, Joe McCann of Asymmetric, and other leading crypto investors.
Contact
Marketing Lead
Nisheta Sachdev
Ryder
nisheta@ryder.id
Ryder Secures $3.2M Seed Funding to Revolutionize Crypto Security with Ryder One
Singapore, Singapore, October 18, 2025 — In a significant boost for the cryptocurrency landscape, Ryder, the innovative company behind the user-friendly hardware wallet Ryder One, has successfully closed a $3.2 million seed funding round. The round was led by renowned venture capitalist Tim Draper, founder of Draper Associates, and included participation from notable firms such as Borderless, Semantic, and Smape, along with angel investors like Anatoly Yakovenko, co-founder of Solana, and Joe McCann, CEO of Asymmetric.
The fresh capital will be instrumental in ramping up production, expanding marketing and engineering teams, and further enhancing Ryder’s flagship product, Ryder One. This funding will also facilitate a major marketing push aimed at increasing brand awareness in a rapidly evolving crypto market.
“Our mission with Ryder stems from our own experiences with the complexities of self-custody,” said Louise Ivan Payawal, co-founder and CEO of Ryder. “For too long, the crypto world has relied on seed phrases—a single piece of paper that can dictate the fate of your entire wallet.”
Ryder One aims to simplify the crypto experience, making it as easy as tapping a phone. Co-founder and CTO Marvin Janssen emphasized the importance of user-friendly solutions, stating, “By rethinking recovery and simplifying the overall experience, we’re opening the door for anyone, anywhere to confidently own and use crypto.”
Tim Draper echoed this sentiment, highlighting the need for accessible solutions in the crypto industry. “What the crypto industry needs more than anything right now are solutions that don’t require in-depth technical knowledge while maintaining high security standards. Ryder’s hardware wallet, with its minute-or-under setup and offline design, achieves just that.”
A standout feature of Ryder One is its innovative TapSafe recovery system. This robust solution allows users to back up their wallets across mobile devices and coin-sized NFC Recovery Tags, eliminating the single point of failure associated with traditional seed phrases. With Ryder One, customers can create and back up their wallets in under 60 seconds, ensuring peace of mind in an often-fragile digital landscape.
Looking ahead, Ryder is set to expand its vision to everyday use cases, enabling users to conduct seamless transactions directly from their hardware wallet through a companion app designed for tap-to-pay functionality. “Three years, countless iterations, one mission: to make self-custody effortless for everyone,” said Julien Neree, CPO of Ryder.
As Ryder continues to innovate, the company is poised to guide the future of how billions of people will integrate digital assets into their daily lives, making cryptocurrency safer, simpler, and more accessible.
About Ryder
Ryder is transforming the way individuals interact with cryptocurrency by developing world-class products that prioritize safety, simplicity, and social connectivity. Co-founded by veterans Louise Ivan Payawal and Marvin Janssen, along with Julien Nerée, Ryder has garnered investments from leading figures in the crypto space, including Tim Draper and Anatoly Yakovenko.
For more information, contact:
Nisheta Sachdev
Marketing Lead, Ryder
nisheta@ryder.id
As the crypto landscape continues to evolve, Ryder stands at the forefront, ready to empower users with the tools they need to navigate this exciting new world.