According to CoinDesk, Argentine crypto payment company Belo has completed a $14 million Series A funding round led by stablecoin issuer Tether, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. Founded in 2021, Belo’s digital wallet supports holding and transferring local currencies and digital dollars, and it currently serves over 3 million users across Latin America. The funds will be used to expand into markets such as Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while increasing coverage among freelancers and cross-border remittance users in Brazil.
Argentine crypto payment firm Belo secures $14M Series A led by Tether
TechFlowShare
Summary
Digital asset news broke Tuesday as Argentine crypto payment firm Belo closed a $14 million Series A round led by Tether. Investors include Titan Fund, The Venture City, Mindset Ventures, and G2. Founded in 2021, Belo’s wallet supports local currency and digital dollar transfers, serving over 3 million users across Latin America. The funding will fuel expansion into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, while targeting Brazilian freelancers and cross-border remittance users. Digital collectibles news remains active as crypto adoption grows in the region.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.