Miami based payments platform focused on Brazil raised $70m in Series C funding led by IDC Ventures and Fuel Venture Capital.
"We're proud to be helping so many people with their essential payments during a moment of crises and challenges, but we know the utility of our platform is long-term as even people with bank accounts continue to flock to RecargaPay for more seamless and convenient transactions," said RecargaPay founder and CEO Rodrigo Teijeiro. "We look forward to further expanding our platform and bringing RecargaPay to a broader market with the support of our investors and our growing international team."