Iatai Enterprises is a fintech and insurtech company operating in Latin American and Caribbean markets that builds mobile transactional and service platforms. Its flagship offerings include the allegra mobile transactional platform—enabling online and in-store purchases with a digital payment method integrated with Visa Checkout on iOS and Android—and mCard, a universal mobile card. The company is also developing a broader mobile platform to connect users to services for home, cars, pets, restaurants, rides and more. Iatai operates Motion Life, a creative lab that seeks new trends, systematizes knowledge, and analyzes social behavior and consumer habits to inform new business models and international strategic alliances. It reports more than 8M users, 57K merchants/service providers, 17K hospitals, 8K doctor networks worldwide, and relationships with 14 financial institutions in LAC. Financially, Iatai received US$5M in its first funding round from private equity fund Caseif III and intends to raise an additional US$15M to complete its roadmap by 2020 and support international expansion. The company is led by CEO Sergio Arana.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2016