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Mexican Startup, UnDosTres, Raises Seis Punto Cinco

This post is also available in: esEspañol (Spanish)

Contxto –  Mexico’s Fintech Startup, UnDosTres, just closed its funding round for USD $6.5 million, led by Monterrey’s Venture Capital tycoons, Dalus Capital and Ignia Partners

As Biggie Smalls used to say, “Mo’ money, mo’ problems“. Well, UnDosTres figured out the problem wasn’t money itself, but cash.

Their fraud-proof technology fosters the use of digital tools to make day-to-day transactions easily and safely.

Through its mobile app, users can perform those daily transactions that would otherwise be handled in coins or bills. Remember those dollar bills you left forgotten in your jeans? Not anymore.

Dalus Capital and Ignia Partners co-led the round, followed by other corporate ventures, such as Banco’s Sabadell venture arm, InnoCell.

As their operational burn rate increases, the round would help UnDosTres improve their platform and keep developing the secure infrastructure users need.

UnDosTres aims to facilitate the payments industry, by allowing users to pay anyone, anywhere, anytime with the certainty that their money is being handled properly.

– VC.

Victor Cortéshttps://www.contxto.com/
CEO & Co-Founder of Contxto. Passionate about tech, startups and venture capital. I eat sushi five times a week.


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