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Plentina, A ‘Buy Now, Pay Later’ Startup Focused On Emerging Markets, Raises Another $2.2M

Nov 14, 2021•over 3 years ago

Amount Raised

$2.2 Million

Round Type

seed

Description

Philippines-based Plentina, a buy now, pay later startup focused on emerging markets, announced today it has raised $2.2 million. This brings the fintech’s total funding since it was founded in 2019, including a seed round announced in April, to $5.7 million. The latest funding was led by TMV, with participation from Global Founders Capital and returning investors AV Ventures, Techstars and Unpopular Ventures.

Company Information

Company

Plentina

About

The company is targeting a Series A raise next year and will hire senior talent before then. Philippines ‘buy now, pay later’ startup Plentina raises $2.2M seed roundThe company says that in 2021, Plentina’s Android app downloads have increased by 500%, growing from 30,000 users to over 150,000. The company says it has a waitlist of more than 20 brands waiting to onboard to its platform. The company will start its international expansion next year.