NG Solution Team
Technology

Has Colombian fintech DRUO secured a new seed round?

Colombian fintech company DRUO has announced a new seed funding round led by Global PayTech Ventures (GPT), though the amount raised remains undisclosed. This development follows DRUO’s recent partnership with payments firm Kushki. The company specializes in B2B payment infrastructure, facilitating direct transactions from bank accounts for purposes such as payroll, subscriptions, and supplier payments, even across international accounts. With the backing of Javier Perez, the founder of GPT and former President of Mastercard Europe and Latin America, DRUO plans to use this funding to enter the European market by 2026. Currently, DRUO connects with over 10,000 financial institutions and serves close to a million users across the United States and Latin America.

Related posts

How do China-linked threat actors acquire zero-day vulnerabilities?

Jessica Williams

Has a US rare earth magnet startup raised $65M to expand production?

Emily Brown

Is Samsung intentionally losing money on the Galaxy Z TriFold?

David Jones

This website uses cookies to improve your experience. We assume you agree, but you can opt out if you wish. Accept More Info

Privacy & Cookies Policy