ChainCatcher report, according to Crypto Briefing, Colombian fintech company Plenti has completed a $3 million seed round led by Tether, with participation from Verda Ventures. The new funds will support Plenti’s existing operations in Colombia and expand into Peru and Bolivia. Founded in 2022, Plenti provides multi-currency accounts for freelancers and remote workers, enabling users to hold USD, EUR, and Colombian pesos, earn yield on balances, and invest in U.S. stocks, ETFs, digital gold, and crypto assets. The company has served over 150,000 active users, processed over $3.1 billion in annual transaction volume, and handled more than 680 million USDT since 2023.
Colombian fintech Plenti completes $3M seed round led by Tether
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Summary
Colombian fintech Plenti has closed a $3 million seed round led by Tether, with Verda Ventures also participating. The funding will support operations in Colombia and expansion into Peru and Bolivia. Founded in 2022, Plenti offers multicurrency accounts for freelancers and remote workers, enabling them to hold USD, EUR, and COP, earn interest, and invest in stocks, crypto, and digital gold. With over 150,000 active users and annual transaction volume exceeding $3.1 billion, the company has processed over 680 million USDT since 2023. This development coincides with rising market confidence, as reflected by the Fear & Greed Index, and favorable funding rates supporting crypto adoption.
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