Liquido, a payments startup based in Latin America, has recently secured $27 million in funding for its successful live launch. The company aims to provide a seamless and secure payment experience for businesses and consumers in the region.
The funding round was led by a group of investors, including Hix Capital, FJ Labs, and QED Investors. The funds will be used to expand Liquido’s operations and further develop its technology platform.
Liquido’s payment platform offers a range of services, including online payments, mobile payments, and point-of-sale solutions. The company also provides fraud prevention and risk management tools to ensure secure transactions.
One of the key features of Liquido’s platform is its ability to process payments in local currencies. This is particularly important in Latin America, where many countries have their own currencies and exchange rates can fluctuate rapidly. By processing payments in local currencies, Liquido aims to reduce transaction costs and improve the overall payment experience for businesses and consumers.
Another important aspect of Liquido’s platform is its focus on security. The company uses advanced encryption and authentication technologies to protect sensitive data and prevent fraud. This is particularly important in a region where online fraud is a major concern for businesses and consumers alike.
Liquido’s successful launch and funding round are a testament to the growing demand for innovative payment solutions in Latin America. As more businesses and consumers turn to digital payments, companies like Liquido are well-positioned to capitalize on this trend and drive further growth in the region’s payments industry.
Overall, Liquido’s $27 million funding round is a significant milestone for the company and the Latin American payments industry as a whole. With its innovative technology platform and focus on security and local currencies, Liquido is well-positioned to become a leading player in the region’s rapidly evolving payments landscape.
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