payments . mobile/digital wallet . bill payments
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RecargaPay is an airtime and bill payments company. It is a mobile prepaid top-up platform in Brazil and Latin America, and it is now expanding into utility bill payments and financial services for the unbanked.
Mobile-top-ups
Recargapay revenue model is not disclosed. However since the company has collaborated with various partners, it must be taking a processing fee for every top-up/recharge done
Retail consumers
Tim
Claro
oi
Algar
vivo
nextel
Rodrigo Teijeiro
Alvaro Teijeiro
Gustavo Victorica
Alejandro Estrada
Steve Schlenker
Laura González-Estéfani
51-200
Rodrigo Teijero (CEO); Gustavo Victorica (COO); Alvaro Teijeiro (CTO); Diego Escobar (CFO)
YES
5
$46.9 M
Feb 2020
Private
The company intends to use the funds to continue to grow its team and build new tech products(Feb 2018).
$1M to $10M
SERIES A · $8.2 M · Mar 2015
SERIES B · $22 M · Feb 2018
OTHERS · $16.7 M · Oct 2017
$2.5 M
NO
Conventional Debt: $1.39 M(March 2015)
2,384,690
4,252,080.12
-44.88%
107
17.67%
1.86
26.24%
83.35%
-3.09%
27,460
7,759
39.38%
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