# MELANDAS PAYMENTS SAPI DE CV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/melandas-payments-sapi-de-cv

- Industry: Financial Services
- Headquarters: Mexico
- Website: www.dapp.mx
- Total disclosed funding: $12M
- Latest round: Series A (Jun 29, 2021)
- Investors on record: 2

## About

Melandas Payments SAPI de CV specializes in connecting merchants with a wide range of digital payment options, improving access to financial services for millions of users in Mexico and beyond.Founded in 2016, Melandas Payments SAPI de CV operates in Mexico, focusing on digital payment solutions. The company has successfully completed two deals, with its most recent funding round occurring on June 29, 2021. Melandas raised USD 12.4 mn in Series A funding from investors G2 Momentum Capital and Kalonia Venture Partners. The company is led by founder Antonio Diaz, who has experience in the financial technology sector.Melandas Payments provides a robust network that connects merchants to various digital payment methods, enabling cash payments, withdrawals, and acceptance of payments via QR codes, push notifications, and payment links. Their services cater to retailers and e-commerce businesses, facilitating smoother transactions and enhancing customer experiences, thereby addressing the demand for innovative financial solutions.Melandas Payments generates revenue through a transaction model that includes B2B partnerships and direct consumer interactions. Merchants pay fees for cash payment and withdrawal services, and revenue may also arise from subscription fees linked to technology solutions such as APIs and Smart and Digital POS systems. Although specific pricing details are not disclosed, the integration of varied payment methods indicates a scalable revenue model in response to growing demands in retail and e-commerce.In June 2021, Melandas Payments raised USD 12.4 mn in Series A funding, which will be allocated to enhance its growth within the Mexican market and establish itself as a leader in portfolio management and transaction services. The company aims to expand into other ecosystems across Latin America in the near future.

## Funding rounds

- Series A, Jun 29, 2021, $12M — Kalonia Venture Partners, G2 Momentum Capital

## Investors

- Kalonia Venture Partners (https://capitalatlas.ai/funds/kalonia-venture-partners) — Series A
- G2 Momentum Capital — Series A