Colombian fintech Tpaga introduced a $10M funding spherical

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.

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