Toku, a Santiago, Chile-based company which specialized in companies collect payments in Latin America, raised USD $7m in funding.
The round was led by F-Prime Capital, accompanied by Wollef, Honey Island by 4UM and existing investors FundersClub and Clocktower, as well as individual investors such as Matías Muchnik (NotCo), Sebastián Kreis (Xepelin), Santiago Lira (Buk) and Daniel Guajardo (HealthAtom).
The company intends to use the funds to move one step forward towards serving the 50,000 companies throughout Latin America and reaching over 100 million final consumers.
Founded in 2020 by Cristina Etcheberry, CEO, Toku provides subscription companies with intelligent payment optimization software. Hundreds of companies such as Security SAT and Essbio optimize their collections under their own brand image, with control over the process, and provide their customers with a comprehensive payment solution.
FinSMEs
23/03/2023