Liquido, a payments startup based in Latin America, has recently received $27 million in funding for its successful live launch. The company aims to provide a seamless and secure payment experience for businesses and consumers in the region.
The funding round was led by a group of investors, including Hix Capital, FJ Labs, and QED Investors. The funds will be used to expand Liquido’s operations and further develop its technology.
Liquido’s platform offers a range of payment solutions, including online payments, mobile payments, and point-of-sale systems. The company also provides fraud prevention and risk management services to ensure secure transactions.
One of the key features of Liquido’s platform is its ability to process payments in local currencies. This is particularly important in Latin America, where many countries have their own currencies and exchange rates can fluctuate rapidly. By processing payments in local currencies, Liquido aims to reduce transaction costs and improve the overall payment experience for businesses and consumers.
Another important aspect of Liquido’s platform is its focus on security. The company uses advanced fraud detection and prevention tools to protect against fraudulent transactions. This is particularly important in Latin America, where fraud is a major concern for businesses and consumers alike.
Liquido’s successful live launch has already attracted a number of high-profile clients, including Rappi, a popular on-demand delivery service in Latin America. The company has also partnered with a number of leading payment providers, including Visa and Mastercard.
The $27 million funding round is a testament to the potential of Liquido’s platform and the growing demand for secure and efficient payment solutions in Latin America. With its innovative technology and focus on customer experience, Liquido is well-positioned to become a leading player in the region’s payments industry.
In conclusion, Liquido’s recent funding round is a significant milestone for the company and the payments industry in Latin America. With its focus on local currencies, security, and customer experience, Liquido is poised to revolutionize the way businesses and consumers make payments in the region.
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