Kushki, Payment Technology Company has announced an expansion of over $ 100 million in its Series B round of fundraising, with a valuation of over $ 1 billion, which places them in the Unicorn category.
There was participation in this round New and old investorsSeries B has raised a total of $ 186 million, including Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital.
It has established itself as a major payment partner in the Kushki region, the latest investment in 2021, a year after the company reported 200% growth.
“Reaching this milestone in times of economic uncertainty is a testament to the quality and resilience of our entire team, the great Latin American talents that exist in the region.“Aaron Schwarzkopf is the CEO and co – founder of Kushki.
Kushki Payment Platform helps businesses across the region reduce costs and complexity Online Payments When the acceptance rate improves and fraud decreases. Today, the company employs 750 people, operates in 5 countries, and uses local teams from each country to provide customized solutions to customers.
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New funds will be used to accelerate Kushki’s evolution Payment infrastructure across Latin AmericaFacilitates digital payment transactions of any category, regardless of country.
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