Tienda Pago Raises $12M to accelerate growth and expand operations in Perú and México

November 18, 2022
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Tienda Pago, a Mexico and Peru-based short-term credits lender, raised $12M in Series B funding.

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The round was led by Women’s World Banking Asset Management, and IDC Ventures, with participation from Alumni Fund, Kaszek, QED, Agrega Partners, Accion Venture Labs, and Oiko Credit.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Dan Cohen, Tienda Pago is a fintech company that operates in Mexico and Peru, providing short-term credit to small convenience stores in the region to buy stock from established Consumer Good Companies and distributors. The company allows stores to receive stock for a week and pays those deliveries directly via bank transfer to the stock suppliers. Tienda Pago uses innovative mobile technology and business models to reach a financially underserved population to foster financial inclusion.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

The round was led by Women’s World Banking Asset Management, and IDC Ventures, with participation from Alumni Fund, Kaszek, QED, Agrega Partners, Accion Venture Labs, and Oiko Credit.

The company intends to use the funds to accelerate growth, expand operations and its business reach.

Led by CEO Dan Cohen, Tienda Pago is a fintech company that operates in Mexico and Peru, providing short-term credit to small convenience stores in the region to buy stock from established Consumer Good Companies and distributors. The company allows stores to receive stock for a week and pays those deliveries directly via bank transfer to the stock suppliers. Tienda Pago uses innovative mobile technology and business models to reach a financially underserved population to foster financial inclusion.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.
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Segmento:
Paytech 💳
País de origen:
Headquarters:
CDMX
Monto inversión:
12
M
Ronda financiación:
Series B
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