Chilean fintech Toku raises $7M to expand operations in Mexico.

Toku logo

Toku raised $7M in a round led by F-Prime Capital, Honey Island and Wollef. Previous investors FundersClub, Clocktower, and Angel Investors Matías Muchnik (NotCo), Sebastián Kreis (Xepelin), Santiago Lira (Buk) and Daniel Guajardo (HealthAtom) also participated in the round.

Toku offers a SaaS platform designed to streamline payment collection for subscription-based companies.

With this investment, Toku will strengthen its presence in Mexico, enhance its product offerings, expand its customer base, recruit more skilled personnel, and explore new markets in Latam.

Businesses are already using Toku’s platform in Chile and Mexico.

Read more on Startups Latam.

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