Retorna is a Chilean fintech founded in 2018 by Atilana Piñón and Juan Camilo Mora that facilitates cross-border remittances for migrants with easy, fast and secure transactions and fair fees. The company’s core product simplifies money transfers between countries and targets financial inclusion for migrant populations across the region. Until this raise the startup was fully bootstrapped, and the new capital marks its first external funding round. Retorna plans to use the funds to scale customer acquisition and retention efforts and to open new remittance corridors connecting the region. The team emphasizes social impact and economic empowerment of migrants as central to its product and go-to-market strategy. Participation in Impacta VC’s fundraising programs in 2023 helped prepare the company for this fundraise and validated the team’s capacity to scale.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024