El Dorado

Financial ServicesSeries ABogota, Colombiaeldorado.io

Latest round

Series A

Last raised

Jun 2026

Total raised

$12M

Investors

6

About El Dorado

El Dorado Trade SAS is a financial technology company founded in 2019 and headquartered in Bogota, Colombia, by Co-founders Guillermo Goncalvez Espiga (CEO) and Juan Andreu (CTO). The company specializes in providing a digital platform for managing digital currencies. The founding team includes Carlos Fontes, Dayanna Gonzalez, Eduardo Feo, and Guillermo Espiga, who serves as CEO. El Dorado operates as a comprehensive financial ecosystem focused on enabling users in Latin America to manage and grow their digital assets. Its primary product offerings include a digital wallet for managing stablecoins, particularly USDT, and a peer-to-peer (P2P) marketplace for facilitating currency exchanges and transactions. Key functionalities of the platform allow users to send and receive money instantly, convert local currencies into digital dollars, and utilize various payment methods to purchase cryptocurrencies. The SuperApp is designed for a diverse customer base across over 13 countries in the region, including Argentina, Brazil, Peru, and Colombia, allowing users to engage in financial activities seamlessly, whether for personal or business purposes.The revenue structure of El Dorado is primarily derived from transaction fees associated with its platform's services. Clients engage in transactions such as sending or receiving USDT through the P2P marketplace, where fees are applied based on the transaction amount.49%, while P2P transactions have a tiered fee structure based on the volume of USDT traded. Additionally, El Dorado generates revenue through the creation of dollar accounts and various deposit methods, which also apply specific fees. This business model primarily targets both individual consumers and businesses looking for efficient ways to manage digital currencies, thus establishing a clear framework for revenue generation without relying on subscriptions or partnerships.

Who invested in El Dorado

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 15, 2026

    Amount

    $9M

    Investors

    Locked

  2. Seed

    May 28, 2024

    Amount

    $3M

    Investors

    Locked

Questions about El Dorado

Who invested in El Dorado?

El Dorado has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has El Dorado raised?

El Dorado has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did El Dorado last raise money?

El Dorado's most recent round on record is a Series A, in Jun 2026.

What does El Dorado do?

El Dorado Trade SAS is a financial technology company founded in 2019 and headquartered in Bogota, Colombia, by Co-founders Guillermo Goncalvez Espiga (CEO) and Juan Andreu (CTO).

Where is El Dorado headquartered?

El Dorado is headquartered in Bogota, Colombia.

Which VCs invest in companies like El Dorado?

Among active investors with capital left to deploy, Inception Capital, Iporanga Ventures, SIMMA Capital and Draper Cygnus back financial services companies at El Dorado's stage. Their profiles are linked below.

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