Azteco operates a voucher system that lets consumers save, spend, and send small amounts of bitcoin, with vouchers redeemable directly to mobile phones like pay-as-you-go top-up vouchers. The company leverages a global network built on trust and local connections to reach users who lack access to traditional financial services. Azteco says its solution targets more than 2 billion smartphone users worldwide who are unbanked, positioning bitcoin as a low-cost, secure alternative for storing value and making purchases. Launched in 2014 and led by Paul Ferguson, the company is based in Santa Monica and also maintains an office in Cape Town, South Africa. Azteco plans to use the new funding for product development and market expansion in Latin America and Europe. The company recently closed a $6M Seed financing to support these efforts.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

May 2023