Investment

NXTP Labs leads investment in Argentine fintech, Pay per TIC

Pay per TIC is a service that helps public and private institutions collect funds online. They have been operating in Argentina and Spain for over four years. They have been participating in NXTP Labs’ Regional Fintech Acceleration program in Argentina this year.

Pay per TIC recently announced that NXTP Labs led an undisclosed investment to help their company consolidate their position in the Argentine economy and expand internationally. In just four years, the company has made over 150 payments partners, including receiving recognition from Visa, Mastercard, Cabal, Rapipago, and Pago Fácil.

Said founder Fabián Barros Requeijo in the original article for PulsoSocial:

“This investment is a sign that tells us we are on the right path. After years of work trying to democratize payment methods to strengthen the institutions that need them, we will continue working hard to improve payment methods for clubs, educational institutions, governments, and NGOs. Our goal is to eliminate due dates, allowing institutions to collect payments on time while the client pays what they can. The conclusion we have come to with our team is that money cannot be a problem.”

Read more in the original article for PulsoSocial.

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