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.
- Headquarter Sao Paulo, Brazil
- Founders Rodrigo Teijeiro, Gustavo Victorica, Alvaro Teijeiro
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$126.9 M (USD)
in 11 rounds
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Latest Funding Round
$10 M (USD), Series C
Oct 28, 2021
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Investors
Experian
& 16 more
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Employee Count
Not available
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People of RecargaPay
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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.
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.
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Tech startups are funded by IDC Ventures venture capital firm.
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Investments in tech startups are managed by LUN Partners Group.
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Investor details for RecargaPay
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Investments & Acquisitions by RecargaPay
Investment portfolio details for RecargaPay
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Financial Statements - RecargaPay
Detailed financials for RecargaPay
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Recargapay Comparisons
Peer comparison for RecargaPay
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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 year | HQ Location | Description |
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Cross-border payments are enabled via wallet solutions for consumers.
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A digital banking platform is operated for the new generation.
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Consumer payments are enabled via a card-linked wallet app.
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Wallet-enabled payment solution for individuals and businesses
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Provider of a health insurance platform for global insurers
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Detailed competitors of RecargaPay
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Latest news on Recargapay
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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.