Tienda Pago
Latest round
- Series B
Last raised
- Oct 2022
Total raised
- $20M
Investors
- 8
About Tienda Pago
Founded in 2014 and headquartered in Mexico City, Mexico, Tienda Pago operates as a financial services company focusing on small business loans. The company was co-founded by Dan Cohen, Daniel Sternberg, and Gabriel Sternberg.Tienda Pago offers a digital financial service tailored primarily for small businesses in the beverage and grocery sectors in Mexico. Their core product enables merchants to apply online for financial support using their official identification (INE), proof of residency, and purchase receipts from their businesses. This service allows users to access funds quickly, with a repayment period of seven days after which the credit line is replenished.Tienda Pago generates revenue through transaction fees associated with its lending services to small businesses. The transaction structure is primarily B2B, where merchants utilize the platform to receive operational funds. Clients incur charges only when they draw on their credit lines, ensuring transparency without hidden fees. The company plans to design and launch new financial products aimed at improving access to credit for small retailers. Additionally, Tienda Pago aims to expand its operations into new geographic regions within Mexico, targeting underserved markets to further support small business growth.
Who invested in Tienda Pago
8 investors across 2 rounds
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Questions about Tienda Pago
Who invested in Tienda Pago?
Tienda Pago has 8 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 Tienda Pago raised?
Tienda Pago has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Tienda Pago last raise money?
Tienda Pago's most recent round on record is a Series B, in Oct 2022.
What does Tienda Pago do?
Founded in 2014 and headquartered in Mexico City, Mexico, Tienda Pago operates as a financial services company focusing on small business loans.
Where is Tienda Pago headquartered?
Tienda Pago is headquartered in Mexico City, Mexico.
Which VCs invest in companies like Tienda Pago?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Tienda Pago's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
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