RappiPay Secures USD $112 Million to Boost Financial Inclusion
The financial credit was granted by Bancolombia, Banco de Bogota, Itau, and the payments’ fintech owner, Davivienda.
Driving financial inclusion
As per the new capital infusion, RappiPay will now allow its users to create 100% digital accounts to perform a series of online banking and payment services, including sending and collecting money, paying utility bills, transferring to other banks, and more. In addition, the RappiPay card enables frictionless and fast payments for in-store shopping.
Photo courtesy of Juanedc.