# Prosperos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prosperos

- Industry: Financial Services
- Headquarters: Salinas, US
- Website: www.prosperos.ai
- Total disclosed funding: $3M
- Latest round: Seed (Jun 4, 2024)
- Investors on record: 4

## About

Based in California, US, and co-founded by Vinay Pai (CEO) and Salvador Chava Chavez (COO) in 2023, Prosperos, Inc. operates as a financial services company offering direct money deposit transaction services using a mobile application. In June 2024, Prosperos, Inc. raised USD 3 million in seed funding led by investors Bat VC, Courtyard Ventures, FEBE Ventures, and Tekton Ventures.

The company offers a technology-driven financial platform dedicated to enhancing banking access for the Latino community in the USA and Latin America. Prósperos offers a suite of services via its mobile app available in Google Play and App Store and Prósperos card, which includes features such as direct deposit, daily transactions, balance viewing, and cash withdrawals at ATMs. The platform allows instant money transfers between the USA and Mexico, eliminating foreign exchange fees. Additionally, Prósperos ensures security with FDIC-insured accounts through Regent Bank, providing users with financial safety.

The company plans to utilize the June 2024 funding to support financial service expansion as well as enhance its platform.

## Funding rounds

- Seed, Jun 4, 2024, $3M — Tekton Ventures, FEBE Ventures, Courtyard Ventures, BAT VC

## Investors

- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed
- FEBE Ventures (https://capitalatlas.ai/funds/febe-ventures) — Seed
- Courtyard Ventures (https://capitalatlas.ai/funds/courtyard-ventures) — Seed
- BAT VC (https://capitalatlas.ai/funds/bat-vc) — Seed