UnDosTres, a Mexican fintech company advancing airtime top-ups, service payments and entertainment purchases, closed a US$30 million Series B funding round.
The round was led by IDC Ventures with participation from new investors such as Telegraph Hill Capital, AI8 Ventures and Benber and existing investors such as IGNIA and Dalus Capital.
Created in Mexico in 2015 by entrepreneurs Vikram Deswal, Naveen Sharma and Arpit Gupta, UnDosTres provides a platform for free time recharges, payment of services and purchase of entertainment. It currently has more than 100 providers within its mobile application and web version, offering a unique experience to the consumer due to its speed, ease and comfort. Within its varied portfolio, there are telephone recharges, payment of water, electricity, television, fixed telephony, gas, electricity, purchase of gift cards, and electronics, in addition to offering microloans.
UnDosTres’ goal is to integrate financial solutions into a digital platform, which mitigates inefficiencies associated with payments. The company’s growth plan contemplates the development of a strategy of digital financial products based on technologies such as artificial intelligence and the promotion of differentiated payment ecosystems, which generate added value for the end consumer.
FinSMEs
06/07/2022