Monday
March 1
2021

Brazilian Fintech RecargaPay Raises $70 Million Series C Round

RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.

Photo courtesy of Victor Camilo.

Source: AiThority (link opens in a new window)

Categories
Finance
Tags
financial inclusion, financial services, fintech, mobile money, small business