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Bitso raises $250m in Series C funding

Mexico City based cryptocurrency platform raised $250m in Series C funding led by Tiger Global and Coatue. 

“We’ve seen incredible growth in Mexico and Argentina, and we just launched in Brazil last week,” Vogel told Crunchbase News. “It took us six-and-a-half years to get the first 1 million customers, but now we have 2 million, and the use cases have exploded. We are excited about the opportunity and now the chance to scale with new investors.”

Tags

mexico city, crypto, emerging markets