About RecargaPay
RecargaPay is a company based in Sao Paulo (Brazil) founded in 2004 by Rodrigo Teijeiro, Gustavo Victorica, and Alvaro Teijeiro. RecargaPay has raised $126.9 million across 11 funding rounds from investors including Experian, The World Bank and FundersClub. RecargaPay operates in a competitive market with competitors including MoneyGram, NG.CASH, QIWI, PicPay and CarePay, among others.
- Total Equity Funding$126.9M (USD)
in 11 rounds
- Latest Funding Round$10M (USD), Series C
Oct 2021
- InvestorsExperian
& 16 more
Apps and channels of RecargaPay
its YouTube channel RecargaPay has 13.9K subscribers and 18 videos.
Videos from RecargaPay
The most watched videos on RecargaPay's YouTube channel, RecargaPay (13.9K subscribers). Click a video to play it here.
More on RecargaPay.
Funding Insights of RecargaPay
RecargaPay has successfully raised a total of $126.9M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $126.9M
- Total Rounds 11
- Last Round Series C — $10M
- First Round $6M
(May 2008)
- Investors Count 17
Latest 10 of 11 funding rounds of RecargaPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $10M | Series C | – | IDB Invest | |
| Feb 2021 | $70M | Series C | – | IDC Ventures, Fuel Venture Capital | |
| Feb 2020 | $2.5M | Debt – Conventional | – | – | – |
| Oct 2019 | $15M | Debt – Conventional | – | – | – |
| Jan 2019 | $18.5M | Debt – Conventional | – | – | – |
| Feb 2018 | $22M | Series B | – | IFC | |
| Oct 2017 | $16.7M | Series B | – | – | – |
| Feb 2016 | $1.39M | Debt – Conventional | – | – | – |
| Mar 2015 | $2.2M | Series A | – | Wellfound | |
| Dec 2014 | – | Series A | – | FundersClub | – |
17 investors in total: 15 institutional and 2 angel.
Investors in RecargaPay
RecargaPay has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Experian, The World Bank and FundersClub.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Innovative investments are targeted by this venture capital firm. | – | fuelventurecapital.com | Miami, United States | |
Tech startups are funded by IDC Ventures venture capital firm. | – | idcventures.com | Copenhagen, Denmark | |
Investments in tech startups are managed by LUN Partners Group. | – | lunpartners.com | Hong Kong, China | |
ATW Partners is engaged in smart and strategic investing. | – | atwpartners.com | New York, United States | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | - | |
Tech startups in fintech and SaaS are accelerated and incubated. | – | theventure.city | Miami, United States | |
Venture capital firm focused on software, fintech, marketplaces, and consumer internet | – | dncapital.com | London, United Kingdom | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage funding is provided to innovative founders by Ventech. | – | ventechvc.com | Paris, France | |
Growth funds in strategic sectors are supported by IDB Invest. | 1986 | idbinvest.org | - |
Investor details for RecargaPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of RecargaPay
8 people are tracked at RecargaPay (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Rodrigo Teijeiro | Founder & CEO | Leadership |
Gustavo Victorica | Co-Founder & COO | Leadership |
Alvaro Teijeiro | Co-Founder | Leadership |
Fabio Serra de Abreu | Head Of Fraud Prevention - Fraud Ops | Leadership |
Alexandre Krammel | Head Of Open Banking | Leadership |
Daniel Matias | VP Business Development - | Leadership |
Noelia Bevivino | HR & People Care Manager | Team |
Nelva Beatriz Almeyra | Compensations, Controller RH Coordinator | Team |
Complete people profiles for RecargaPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of RecargaPay
3 dated milestones of RecargaPay across 17 years, from founding to its latest funding, stage changes and deals.
- Founded RecargaPay is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series C, of $10.0M.
Competitors of RecargaPay
RecargaPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, NG.CASH, QIWI, PicPay and CarePay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| ng.cash | 2021 | – | $49.53M | – | A digital banking platform is operated for the new generation. | |
| qiwi.com | 2008 | Moscow, Russia | – | – | Consumer payments are enabled via a card-linked wallet app. | |
| picpay.com | 2012 | Vila Velha, Brazil | – | – | Wallet-enabled payment solution for individuals and businesses | |
| carepay.com | 2015 | Amsterdam, Netherlands | $61.81M | – | Provider of a health insurance platform for global insurers | |
| magie.com.br | 2024 | Sao Paulo, Brazil | $4M | – | AI-enabled digital payments for individuals are managed via WhatsApp. | |
| ngpay.com | 2004 | Bengaluru, India | $2.2M | – | Multi-category products are offered through an online marketplace. | |
| somapay.com.br | 2014 | Fortaleza, Brazil | – | – | Digital banking platform for payroll, payments, and employee benefits management. |
Detailed competitors of RecargaPay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of RecargaPay
The website of RecargaPay (recargapay.com.br) receives about 1.1M visits a month and ranks #61,302 among all websites worldwide, #3,856 in Finance.
- Monthly visits1.1M
▼ 3.8% vs previous month
- Unique visitors492.1K
per month
- Global rank#61,302
among all websites
- Category rank#3,856
Finance · Finance
- Bounce rate62%
- Pages per visit1.9
- Average visit3 min 52 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with RecargaPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jurosbaixos.com.br | 100% | 1.8M | #23,379 | View details | |
| ciclic.com.br | 94% | – | #183,037 | View details | |
plusdin.com.br | plusdin.com.br | 93% | – | #801,435 | – |
| meutudo.com.br | 92% | 3.3M | #35,506 | View details | |
| supersim.com.br | 88% | 7.9M | #7,321 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for RecargaPay
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Recargapay
Complete news archive for RecargaPay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to RecargaPay
10 companies that operate in the same segment as RecargaPay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about RecargaPay
RecargaPay was founded in 2004 and raised its 1st funding round 4 years after it was founded.
RecargaPay is headquartered in Sao Paulo, Brazil.
Rodrigo Teijeiro is the current CEO of RecargaPay. They have also founded this company.
RecargaPay is a funded company, having raised a total of $126.9M across 11 funding rounds to date.
RecargaPay was founded in 2004 in Sao Paulo, Brazil, within the fintech sector. Mobile wallet and prepaid card options are offered to support cellular recharges, utility bill settlements, public transport payments, and peer-to-peer transfers. Wallet balances are replenished via credit cards, bank transfers, or cash deposits at retail locations. A subscription plan is available monthly, including discounts, automated recharges, and offline access features.
RecargaPay has 17 investors. Key investors include Experian, The World Bank, FundersClub, International Finance Corporation, and Wellfound.
The website of RecargaPay receives about 1.1 million visits a month and ranks #61,302 among all websites worldwide.