Kaszek, Endeavor Back Series B for tapi’s Expansion in Mexico

Fintech startup tapi raised $27 million in a Series B round led by Kaszek Ventures as it looks to deepen its role in Mexico’s payments ecosystem and expand a network that allows consumers and businesses to move money across banks, digital platforms and physical retail locations.

The funding brings tapi’s total capital raised since 2022 to more than $60 million. Endeavor Catalyst and Latitud also participated in the round. Founded in Buenos Aires, the company plans to use the proceeds to invest primarily in Mexico by hiring more staff, rolling out new payment and collection services and potentially pursuing acquisitions if suitable assets become available, Chief Executive Officer Tomás Mindlin said in an interview.