The Bogota based company, which provides payment infrastructure in Latin America, has raised $24m in a Series A funding round led by FinTech Collective. Other investors include Tiger Global, Cometa, Moore Strategic Ventures, and Monashees. The latest financing brings Simetrik's total raised since its 2019 inception to $29m.
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Simetrik raises $24m to develop their payment infrastructure solutions for Latin America
“As the payment methods landscape becomes increasingly saturated and complex — from the proliferation of BNPL, issuers, wallets and loyalty programs to crypto-wallets and cash networks — payment orchestrators like Simetrik will be key for money movement and data ledgers.”
