Colombian payments platform Akua has successfully secured $8.5 million in a seed extension round, with Flourish Ventures and Cathay Latam leading the investment. Other participants in this funding round include Atlantico, Honey Island, 4UM Investimentos, Krealo, and Simma Capital. This new influx of capital comes after a previous $4.3 million seed round in October 2024. Akua offers an “Acquiring as a Service” platform, providing cloud-based payment infrastructure for fintechs, banks, and aggregators to facilitate electronic payment acceptance and processing. The platform leverages artificial intelligence to enhance digital payment processing, authentication, fraud detection, and chargeback automation. With this latest funding, Akua plans to expand its operations across Latin America, targeting markets in Brazil, Mexico, Argentina, Peru, and other Central American countries. In just one year of operations, the paytech has raised a total of $13 million.
How much did Colombian paytech Akua raise in its seed round?
