Last deal

$12.M

Amount

Series B

Stage

11.10.2022

Date

4

all rounds

$19.8M

Total amount

General

About Company
Tienda Pago finances goods for small retailers in emerging markets with mobile cashless payments.

Industry

Sector :

Subsector :

Keywords :

Also Known As

TP

founded date

01.03.2013

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company's platform helps small merchants purchase weekly inventory from distributors, offering a closed-loop payment mechanism using cell phones. This allows merchants to buy high-traffic products with credit, increase sales, and margins of other products. The platform empowers distributors and traders with cashless transaction services based on tokens, reducing inefficiencies and costs. The team's objective is to promote ecosystems where all participants benefit from the service and proactively motivate others to join the system.