Minka, a Bogota, Colombia-based payments infrastructure startup secured $24 million in a funding round co-led by Tiger Global Management and Kaszek.
With the new funding, Minka plans to continue modernizing the clearinghouses and central banks' infrastructure, also to grow the network by enabling a fully self-service platform for publishing and moving money to organizations.
Company: Minka Inc.
Funding Month: April 2022
Lead Investors: Tiger Global Management and Kaszek
Company Website: https://www.minka.io/
Software Category: Payment infrastructure
About the Company: Minka is an open infrastructure for publishing money, building a layer2 payments protocol used by clearinghouses, financial institutions, and fintechs to move money in real-time. Currently, Minka is modernizing the payments infrastructure of several countries in Latin America and is already living with 20 financial institutions. Minka has about 30 employees, with its product and tech team located in Croatia and support and sales staff in Colombia.
Source: https://financialit.net/news/fundraising-news/colombia-based-fintech-minka-raises-24-million https://techcrunch.com/2022/04/27/bogota-based-minka-lands-24m-from-tiger-kaszek-to-build-an-open-infrastructure-for-money/