Takenos Secures Additional $7 Million in Seed Funding Led by North Island Ventures

The stablecoin financial platform Takenos has completed an additional $7 million in seed funding, led by North Island Ventures and Road Capital Management, with participation from existing investors Variant, Lattice, and Reverie. This round of financing brings Takenos' total funding to $12 million. Founded in 2022, Takenos operates in six countries across Latin America, processing over $5 billion in transactions annually, with clients including global enterprises like LATAM Airlines. The platform has developed a comprehensive tech stack that includes local payment rails, consumer applications, enterprise APIs, and institutional trading desks, with partners such as Stripe, Mastercard, and Visa. The new funds will be used to expand services to over 15 countries by 2027.

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