Kushki is a unicorn now, raised $100 million

Kushki is a unicorn now

Kushki is a unicorn now, raised $100 million.

Kushki hits unicorn status as the payments platform raises $100 million.

It is a payments platform based in Ecuador, has raised $100 million in Series B financing at a unicorn valuation. 

According to a statement on Wednesday, the round includes investors such as Kaszek Ventures, SoftBank Latin America Fund, and Dila Capital, among others. 

“Reaching this milestone in times of historical economic uncertainty speaks to the quality and resilience of our entire team and the enormous Latin American talent that exists in the region,” CEO and co-founder Aron Schwarzkopf said in the statement. 

Kushki is a unicorn now

Kushki is a unicorn now

Kushki’s core product line includes infrastructure to make it easier for businesses across the Latin American region to send, receive and process digital payments globally.

The company said it would use the funding to accelerate the adoption of this infrastructure. Currently, it operates only in five countries in the region. 

The news comes as investors continue to funnel capital into fintechs in the Latin American region.

Last month, Brazilian fintech Dock raised $110 million at a $1.5 billion valuation.

Alongside this, crypto players continue to look at the region actively, with trading platform Huobi acquiring crypto exchange Bitex and Tether recently launching a new stablecoin pegged to the Mexican peso.


Also, Check.

Marion Barber, Former Cowboys RB, Passed Away at the age of 38

Tulsa medical building, five people dead

Google Pays Tribute To Godfather Of Espresso Machines Angelo Moriondo

Philadelphia Shooting At least 3 Killed and wounded 11 others


Follow us or bookmark us for more Bollywood news box office collection report celebrities trailers and promos

Join us on Facebook 

Join us on Twitter

bollywoodfever

Sachin Chouhan is an avid entertainment enthusiast and dedicated follower of celebrity and entertainment news. He has always had a passion for the latest happenings in the world of entertainment and has made it his mission to stay up-to-date on all the latest trends, news, and gossip. With years of experience following the entertainment industry, Sachin has developed a keen eye for the latest celebrity fashion trends, music releases, movie reviews, and red-carpet events. His in-depth knowledge and expertise have made him a trusted source for entertainment news and celebrity updates. Contact us: admin@bollywoodfever.co.in

Leave a Reply