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Takenos raises $7M seed extension to expand across Latin America

Argentine fintech Takenos raised $7M in a seed extension led by North Island Ventures and Road Capital Management,… The post Takenos raises $7M seed extension to expand across Latin America appeared first on LatamList .

Takenos raises $7M seed extension to expand across Latin America

Argentine fintech startup Takenos has secured $7 million in a seed extension round, expanding its operations across Latin America. The investment was led by North Island Ventures and Road Capital Management, with contributions from existing backers Variant, Lattice, and Reverie. This brings Takenos' total funding to $12 million.

Founded in 2022 by Francisco Goulu, Joaquín Herrera, Simón Bouché, and Lucas Posada, the company leverages stablecoins to facilitate money transfers across currencies and borders. Takenos provides services such as dollar accounts, cards, and APIs tailored for corporate payments, payroll, and treasury management.

The newly raised funds will be used to expand Takenos' presence into more than 15 Latin American countries by 2027, secure necessary licenses, develop innovative products, and hire professionals in engineering, compliance, and sales. Currently operating in six countries, the company processes over $5 billion in annual transactions and serves millions of users.

Notable clients of Takenos include LATAM Airlines and businesses in Bolivia's energy and mining sectors.

Written by urgent.news from LatamList's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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