logo
logo

Tapi raised $22 million in a Series A round led by Kaszek and Andreessen to expand operations in Mexico.

Jul 12, 2024about 1 year ago

Amount Raised

$22 Million

Round Type

series a

Buenos AiresLendingFintechFinanceFinancial Services

Investors

AndreessenKaszek

Description

Argentine financial technology startup Tapi raised $22 million in a Series A round led by Kaszek as the company expands its operations in Mexico. Tapi serves as a processor for payments on large Latin American consumer platforms such as Mercado Pago and cryptocurrency exchange Lemon, and expects to process around $400 million in payments this year across the five countries in which it operates.

Company Information

Company

Tapi

Location

Buenos Aires, Autonomous City Of Buenos Aires, Argentina

About

Tapi is an Argentine financial technology startup that serves as a processor for payments on large Latin American consumer platforms. It allows fintech companies to process recurring payments, such as monthly bills. Tapi raised $22 million in venture funding in a Series A round led by Kaszek as the company expands its operations in Mexico.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People