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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.
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
Rodrigo Teijero (CEO); Gustavo Victorica (COO); Alvaro Teijeiro (CTO); Diego Escobar (CFO)
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
Conventional Debt: $1.39 M(March 2015)
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