Colombian fintech Tpaga introduced a $10M from varied traders.
EWA Capital, Mountain Companions, Star 26, Fundación Botnar, and New Ventures participated within the spherical.
Tpaga is a digital cell funds platform aiming to carry better entry to digital finance to tens of millions of Colombians.
In accordance with the Banco de la República, 87% of Colombians nonetheless use money for his or her day-to-day funds.
The Tpaga app permits clients to open a digital financial savings account with a number of companies.
These embody paying payments, managing earnings and cash transfers, funding, and credit score service.
The Colombian fintech Tpaga reached a million customers in 2021.
The startup is contemplating new merchandise similar to worldwide funds options and the flexibility to purchase on-line from e-commerce shops with the Tpaga account.
The platform beforehand raised $2.2M from Inexperienced Visor Capital and Y Combinator in 2018. The Colombian startup has raised a complete of $15.1M since its inception.
