- byAraceli Dominguez
- January 12, 2024
- No comments
- 1 minute read
Prometeo raised $13M in a Series A round with Antler Elevate as the lead investor. Other participants include PayPal Ventures, Samsung Next, and partners from DN Capital, along with existing investors Cometa and Magma Partners.
Prometeo will use the funds to expand its multi-banking data and payment offerings.
“Our vision has consistently been focused on consolidating these diverse infrastructures under one single API, thus providing the essential layer of standardization required to deliver efficient financial operations across Latin America. Closing our Series A funding round confirms Prometeo’s key role. We are now in an optimal position to capitalize on this market opportunity and to continue to add value to banks, fintechs, corporations, and partners alike,” said Ximena Aleman, Co-Founder and Co-CEO of Prometeo.
Prometeo’s platform offers simple and automated access to bank information and payments from 283 financial institutions across 10 Latin American countries through a single API.
“We have meticulously designed Prometeo’s platform architecture to meet and exceed the legal and compliance standards of the industry, providing our clients with a secure environment where they can confidently conduct their operations,” said Rodrigo Tumaián Co-Founder and Co-CEO of Prometeo.
By leveraging its platform and extensive network of APIs, Prometeo aims to facilitate seamless connections, fostering a more integrated and efficient flow of financial operations.
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Tags:
- Fintech
- open banking
- Uruguay
Araceli Dominguez
Araceli is a marketer and has been a volunteer and organizer of Hackathons, Startup Weekends, and H/F Community. She’s currently PR Manager at Magma Partners, where she helps startups to develop communication strategies in the United States and Latin America.
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