Argentinian fintech start-up Tapi has successfully raised $22 million in a Series A funding round, with prominent venture capital firm Kaszek leading the investment. This significant funding round also saw participation from existing investors and a few new strategic partners.
Tapi, founded in 2022, has quickly gained traction in the Latin American fintech landscape by providing innovative financial solutions tailored to the needs of the region. The start-up aims to address the financial inclusion gap by offering accessible and user-friendly financial services, including digital banking, payments, and lending solutions.
The new capital infusion will enable Tapi to accelerate its growth trajectory and enhance its product offerings. The company plans to invest heavily in technology development, scaling its platform, and expanding its team. Additionally, Tapi will focus on deepening its presence in the Latin American market by entering new countries and forming strategic partnerships with local businesses and financial institutions.
Santiago Ruiz, CEO and co-founder of Tapi, expressed excitement about the funding round, stating, “This investment marks a significant milestone for Tapi. With the support of Kaszek and our other investors, we are well-positioned to expand our reach and continue our mission of making financial services more accessible to everyone in Latin America.”
Kaszek, a leading venture capital firm in Latin America, has a strong track record of backing successful fintech companies in the region. Hernan Kazah, co-founder and managing partner at Kaszek, commented, “We are thrilled to support Tapi in their journey to revolutionize the financial services industry in Latin America. Their innovative approach and commitment to financial inclusion align perfectly with our investment philosophy.”
As Tapi continues to innovate and expand, the company aims to make a lasting impact on the financial landscape of Latin America, driving financial inclusion and empowering individuals and businesses with better financial tools and services.