Prometeo secures $13M in Series A

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Prometeo raised $13M in a Series A round with Antler Elevate as the lead investor. Other participants include PayPal VenturesSamsung Next, and partners from DN Capital, along with existing investors Cometa and Magma Partners.

Prometeo will use the funds to expand its multi-banking data and payment offerings.

ā€œOur vision has consistently been focused on consolidating these diverse infrastructures under one single API, thus providing the essential layer of standardization required to deliver efficient financial operations across Latin America. Closing our Series A funding round confirms Prometeo’s key role. We are now in an optimal position to capitalize on this market opportunity and to continue to add value to banks, fintechs, corporations, and partners alike,ā€ said Ximena Aleman, Co-Founder and Co-CEO of Prometeo.

Prometeo’s platform offers simple and automated access to bank information and payments from 283 financial institutions across 10 Latin American countries through a single API.

ā€œWe have meticulously designed Prometeoā€™s platform architecture to meet and exceed the legal and compliance standards of the industry, providing our clients with a secure environment where they can confidently conduct their operations,ā€ said Rodrigo TumaiĆ”n Co-Founder and Co-CEO of Prometeo.

By leveraging its platform and extensive network of APIs, Prometeo aims to facilitate seamless connections, fostering a more integrated and efficient flow of financial operations.

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