July 14, 2024
Tapi, a Payments Processor Platform based in Argentina, has secured $22 million in a Series A funding round spearheaded by Kaszek, according to Tomas Mindlin, the co-founder and CEO of the company. This funding will support the company's expansion efforts in Mexico.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Tapi | $22M | July 14, 2024 | Series A | $31M | Kaszek | Payments |
Tapi, a fintech firm, handles payment processing for major Latin American consumer platforms, including Mercado Pago and the cryptocurrency exchange Lemon. The company forecasts that it will process approximately $400 million in payments across the five countries where it operates this year, quadrupling the volume it managed last year.
In 2022, Tapi garnered $9 million in a seed funding round. CEO Tomas Mindlin anticipates Mexico becoming the company's most rapidly expanding market over the next two years.
Mindlin expressed the company's commitment to collaborate with the fastest-growing FinTechs, continue promoting financial inclusion, and facilitate the transition from cash to digital payments. Therefore, Mexico holds significant importance for them. He projected that within a year, their infrastructure would be serving 80% of Mexico's banked population.
About Tapi
Tapi is a leading fintech startup based in Argentina that is revolutionizing the payment experience in Latin America. The company, founded in 2023, is dedicated to transforming the fintech landscape by building a single integration to transform the payment experience and scale fintech in Latin America.
Tapi’s technology is designed to handle payments for large consumer platforms across Latin America, such as Mercado Pago and cryptocurrency exchange Lemon. The company’s vision is to build a “shared, general-purpose brain” that can be integrated with any kind of robot. This model is designed to equip a diverse group of robots to perform multiple tasks in a wide range of scenarios.
Website: https://tapi.la/
About Investor
Investor: Kaszek
Kaszek is a venture capital firm that is committed to partnering with the most extraordinary founders in Latin America. The firm was founded by tech entrepreneurs who provide not only capital but also first-hand expertise and insights in strategy, operational execution, team building, growth, technology, product development, networking, and fundraising.
The firm’s primary focus is on high-impact technology-based companies in Latin America. They are industry and stage-agnostic, mainly investing in Seed, Series A, and Series B stages. Kaszek’s community of brilliant entrepreneurs is a living, interactive organism sharing passion, knowledge, and resources that is changing the economic landscape of Latin America
Location: São Paulo, São Paulo
Website: https://www.kaszek.com/
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