Takenos announces $5M seed round

Approximately 100 million Latin Americans rely on foreign currencies and cross-border transactions annually, often encountering significant friction and unknowingly facing substantial costs. This reality is why Takenos was created.

When we started 4 years ago, freelancers, creators, and contractors were the first ones already taking advantage of a dollarized economy and tapping into global opportunities.

Alongside users being able to generate income from anywhere, we know that 1 out of 3 Latin Americans are held back by common financial barriers: unstable currencies and cross-border transactions. 

Takenos was born out of witnessing firsthand how family members, friends, and colleagues constantly faced these same obstacles. Poorly managed salaries in devaluing currencies and the lack of access to financial products translated into missed opportunities.

Francisco Goulu, Joaquín Herrera, Simón Bouché and me (Lucas Posada) created Takenos in 2022 to fix this. Today, we are an established digital wallet leading the stablecoin revolution in the region with a clear mission: to give individuals and businesses in Latin America secure and frictionless alternatives to manage their money across currencies, countries, regions, and cultures. Our app allows users to spend, save, invest, and move their money quickly and intuitively — without getting trapped in complicated financial systems.

Real People Problems

The impact of Takenos is already visible in the daily lives of thousands of users. Grisel, a mother from Argentina, told us she uses Takenos to send money to her daughter, who lives in Brazil. Flavia, an entrepreneur, told us she previously struggled to pay her advertising provider, who only accepted payments in dollars, which her bank capped. Now, with our product, her business can continue to grow with fewer obstacles.

These examples are just a glimpse. What Takenos offers is real change: making it as simple to move money across countries and currencies as it is to make a local payment.

Traction and Growth

• $500M+ in transaction volume to date.

• The most downloaded wallet in Bolivia, with organic growth expanding across LATAM.

• Lean growth: scaled with very low burn, previously raised $500k pre-seed, proving efficiency and resilience.

• Strategic partnerships with Mastercard, Visa, Fireblocks, Bridge, Rain, Coinflow, and others.

  
  

The Raise

We’re celebrating a big step: Takenos has raised a $5M Seed round co-led by Variant and Lattice, joined by Reverie, North Island Ventures, Refract VC, Gumi Cryptos Capital, Nascent, Polaris (Polygon founder’s family office), and angels including Chuk Okpalugo and Ivan Soto-Wright (Founder and CEO of MoonPay).

They join an incredible community of supporters: 500 Latam, Outlier Ventures, Ignacio Lagos, Maria del Mar Vélez, Aadil Mamujee, Ben O’Neil, Marco Mahrus, Henri Stern, Alfonso Gómez-Jordana Mañas, Max Howestine, Sheraz Share, Michael Feng, Raj Parekh, and many others.

What’s Next

At Takenos, we believe that the financial future of the Global South depends on building bridges where financial barriers remain. This is especially important in one of the most unbanked regions of the world.

The funding we have secured represents a significant opportunity to continue growing, expand our team, develop new product features, and enhance our technology infrastructure. We are strengthening our presence in Argentina and Bolivia, while scaling into new markets across Latin America. We will continue to work with card networks, industry partners, and infrastructure providers.

Acknowledgments

To our team of more than 30 people that are putting an extreme amount of energy to make Takenos happen.

To Regan Bozman and Daniel Barabander that are making an enormous effort to help us.
To our partners at Nox Capital — thank you for building alongside us.
And to our community of users: you are at the center of what we do.

This is just the beginning.

👉 We are hiring in the areas of engineering, growth, operations, compliance, and customer experience.

— Lucas Posada
Co-founder & CEO, Takenos