Tapi raises $22M Series A

Argentinian paytech Tapi raised $22M in a Series A round led by Kaszek, with participation from Andressen Horowitz. As part of the deal, Kaszek’s Co-Founder and Managing Partner Nicolas Szekasy joined Tapi’s board.

Tapi will use the funds to enhance its tech infrastructure and expand its operations in Mexico, aiming to quadruple the volume of processed payments in 2024 as it did in 2023.

Tapi offers payment infrastructure for banks and fintechs to handle recurring payments, cash transactions, airtime top-ups, and gift cards across multiple countries and regulatory environments with a single solution.

Founded in 2022, Tapi serves over 25 clients in Argentina, Chile, Mexico, Colombia, and Peru, including Ualá, Mercado Pago, and Lemon, with whom Tapi announced a partnership to bring cryptocurrency payments to Argentina.

Read more on Tekios and Bloomberg, and Fintech Global.