Prometeo, a fintech infrastructure company in Latin America, raised $13 million in Series A funding to enhance its multi-banking data and payments solutions.
Target Information
Prometeo is a leading fintech infrastructure firm based in Montevideo, Uruguay, focused on connecting global corporations with financial institutions across Latin America. The company recently announced the successful completion of a $13 million Series A funding round, led by Antler Elevate and supported by notable investors such as PayPal Ventures, Samsung Next, DN Capital Partners, and existing backers Cometa and Magma Partners.
The funding will be directed towards enhancing Prometeo's offerings in multi-banking data and payment solutions across the region. Their innovative platform provides a single, unified API that facilitates transactions and access to banking information from over 283 financial institutions across 10 Latin American countries, significantly improving the efficiency and security of financial operations for global clients.
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Industry Overview
The fintech industry in Latin America has been experiencing substantial growth, driven by a surge in digital financial services and a rising demand for streamlined payment solutions. The re
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Disclosed details
Transaction Size: $13M