We advised Takenos on a new US$7 million funding round.
Argentine fintech Takenos, which specializes in international payments and cross-border transaction solutions, has completed a US$7 million extension of its seed financing round, led by U.S.-based funds North Island Ventures and Road Capital Management, with participation from Variant, Lattice, and Reverie.
With this transaction, the company has raised a total of US$12 million to date, further strengthening its growth and expansion across the Latin American market.
Founded four years ago, Takenos currently processes more than US$5 billion annually and operates in six countries across the region. This new funding will enable the company to accelerate its expansion and advance its goal of bringing its international payments infrastructure to more than 15 countries throughout Latin America by 2027.
Our team was led by Santiago Balbi, partner and head of the Venture Capital practice, together with Agustina Rocca, Senior Associate, and associates Giuliana Busico and Guadalupe Cóccaro.
We are pleased to have supported Takenos in reaching this new milestone. As an Argentine fintech continuing to expand the reach of Latin America’s financial infrastructure, Takenos is playing an important role in the region’s innovation ecosystem. We thank their entire team for their trust and for allowing us to support them in this new stage of growth.
