RecargaPay finishes third funding round

RecargaPay finishes third funding round

Equity Brazil United States Technology Digital Payments Coronavirus

Brazilian mobile payments company RecargaPay said it raised $70 million in its Series C funding round and brought its fundraising total to $100 million to date. IDC Ventures, a venture capital fund run by the Central American financial services firm Grupo IDC, and Miami-based Fuel Venture Capital led the financing round that also involved ATW, LUN Partners and Experian, RecargaPay said in a press release on Wednesday. RecargaPay will use the money to offer more financial services to small busine

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