São Paulo based payments platform in Brazil raised $3.1m in Seed funding led by Quona Capital.
“Businesses with thin margins, like SME retailers, cannot afford to leave any money on the table with high payment processing fees, so they’ve tried to overcome them with a mess of terminals at the register that results in a mess of accounting. With Destaxa, a single terminal solution intelligently moves payments through the most cost-effective rails, resulting in significant potential savings for merchants and a seamless reconciliation experience, while at the same time helping acquirers reduce their last-mile cost.”