Argentine financial technology company Tapi completed 20 million US dollars A round of financing, a16z and other investors participated

Argentine fintech company Tapi completed a $20 million Series A financing round, led by Kaszek and participated by Andreessen Horowitz (a16z). Tomas Mindlin, co-founder and CEO of Tapi, said the company is expanding its business in Mexico.
It is reported that Tapi is a payment processor for large Latin American consumer platforms such as Mercado Pago and crypto exchange Lemon. The company expects to process around $400 million in payments in the five countries in which it operates this year, growing fourfold by 2023. The company has around 70 employees, most of them based in Argentina. The CEO said it expects total payments to grow fivefold by the end of this year to 10 million transactions per month. Tapi's payment processing technology is designed to help fintech companies serve customers in multiple countries.