Argentinian fintech company Tapi has completed a $20 million Series A financing round, led by Kaszek with participation from Andreessen Horowitz (a16z). Tapi is expanding its operations in Mexico and serves as a payment processor for major Latin American platforms such as Mercado Pago and the crypto exchange Lemon, expecting to process around $400 million in payments across five countries this year. The company currently has approximately 70 employees, mainly in Argentina, with payment volumes expected to grow fivefold by the end of the year, reaching 10 million transactions per month.

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<p>According to Bloomberg, on July 12, the Argentine fintech startup Tapi completed a $20 million Series A financing round, led by Kaszek with participation from Andreessen Horowitz (a16z). Tapi's co-founder and CEO, Tomas Mindlin, stated that the company is expanding its operations in Mexico.</p>
<p>Tapi serves as a payment processor for major Latin American platforms such as Mercado Pago and the crypto exchange Lemon, expecting to process around $400 million in payments across five countries this year. With approximately 70 employees, mainly based in Argentina, Tapi anticipates a fivefold increase in total payment volume by the end of the year, reaching 10 million transactions per month.</p>
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Argentinian fintech company Tapi completes a $20 million Series A financing round with Kaszek as the lead investor.