The Venture Codex Logo

The Venture Codex

Prometeo

Peatonal Sarandí 594, Oficina 203, Montevideo, NA - Uruguay, 11000, Uruguay

Overview

Prometeo offers a single API that connects banks and financial institutions across Latin America, enabling account-to-account payments, account validation, and cash-management services for businesses. Since its 2018 founding, the company has activated about 350 channels across 283 financial institutions in 10 countries, with Brazil and Mexico its largest markets. Co-CEOs Ximena Aleman and Rodrigo Tumaián say revenues have grown 10x in the last two years, though exact revenue figures are not disclosed. The startup targets further user growth, addition of more services, and geographic expansion across the region. Prometeo emphasizes addressing fragmentation in Latin America by treating the region as a single market under one API. It has partnerships or integrations with players such as Citi, Santander, J.P. Morgan and Vtex, which have helped attract investor interest.

Total raised
$13M
Funding rounds
1
Latest round
Series A
Latest activity
Jan 2024

Industries

  • Banking
  • Financial Services
  • FinTech
  • Payments
Visit website

Recent funding

  1. Series A

    Jan 2024

    $13M

Team