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Argentine Fintech Tapi Raises $22 Million Amid Expansion Into Mexico
Argentina-based payments processor Tapi has reportedly raised $22 million in new funding.
The company will use the Series A funding to help fuel its expansion into Mexico, Co-Founder/CEO Tomas Mindlin said in a Bloomberg News interview Friday (July 12).
According to the report, Tapi processes payments for large Latin American consumer platforms like Mercado Pago and cryptocurrency exchange Lemon. The company projects it will process around $400 million in payments this year in the five countries in which it operates, four times the amount it handled last year.
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