RecargaPay

paymentsmobile/digital walletbill payments

FOUNDING YEAR: 2010
LOCATION:
Last Update: 05/07/2020

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About

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.

Focus

PRODUCTS & SERVICES

Mobile-top-ups

REVENUE MODEL

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

MAIN CLIENTS

Retail consumers

EXISTING PARTNERSHIPS

Tim

Claro

oi

Algar

vivo

nextel

People

FOUNDERS

Rodrigo Teijeiro

Alvaro Teijeiro

Gustavo Victorica

BOARD MEMBERS AND ADVISORS

Alejandro Estrada

Steve Schlenker

Laura González-Estéfani

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Angelist

Ariel Lebowits

Damian Voltes

Daniel Curran

Daniel Curran

Daniel Curran

DN Capital

DN Capital

DN Capital

DN Capital

Fabrice Grinda

FJ Labs

FJ Labs

FJ Labs

FJ Labs

Funder's Club

IFC

IFC Venture Capital Group

IFC Venture Capital Group

IFC Venture Capital Group

Jeff Epstein

Joe O'Connor

Justin Darcy

Martin Varsavsky

Peter Kellner

Stephanie DiCarlo

Surender Punia (MD)

TheVenture

Ventech

Ventech

Ventech

Ventech projects ltd

KEY EMPLOYEES:

Rodrigo Teijero (CEO); Gustavo Victorica (COO); Alvaro Teijeiro (CTO); Diego Escobar (CFO)

Momentum

FUNDED

YES

TOTAL FUNDING

$30.2 M

DATE OF LAST FUNDING

Feb 2020

TOTAL FUNDING COMMENT

The company intends to use the funds to continue to grow its team and build new tech products(Feb 2018).

FUNDING SERIES

SERIES A  · $8.2 M  · Mar 2015

SERIES B  · $22 M  · Feb 2018

LISTED

NO

COMMENT

Conventional Debt: $1.39 M(March 2015)

Innovation Programs

BASICS

FOUNDING YEAR:

2010

LOCATION:

Views:

124 VISITORS | 225 VIEWS
LATEST FUNDING ROUND

$30.2 M

TOTAL EMPLOYEES
51-200

About

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.

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Focus+
Momentum+
People+
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