Kaszek, Andreessen Back Argentina Fintech in $22 Million Round

Argentine financial technology startup Tapi raised $22 million in venture funding in a Series A round led by Kaszek as the company expands its operations in Mexico, co-founder and Chief Executive Officer Tomas Mindlin said.

Tapi serves as a processor for payments on large Latin American consumer platforms such as Mercado Pago and cryptocurrency exchange Lemon. The company expects to process around $400 million in payments this year across the five countries in which it operates, quadruple its activity in 2023. Tapi lets fintech companies process recurring payments, such as monthly bills.

Tapi’s co-founders Kevin Litvin, left, Tomas Mindlin and Nicolas Andriano.

Source: Tapi

The fresh funding follows the initial ...