Company Profile (AI Text)
Name: Coco Pago (YC S19)
Canonical URL: https://wefunder.com/coco.pago
Updated at: 2026-06-20T05:00:36Z

Tagline: Coco Pago is the Revolut for Latin America. A super app for money transfers and financial services
Elevator pitch: We allow migrants to send money back home faster and easier using stablecoins

Key claims:
- Total raised on Wefunder: 519039 | citation: https://wefunder.com/coco.pago#claim-total-raised
- Total investors: 577 | citation: https://wefunder.com/coco.pago#claim-total-investors

Verified facts:
- Total raised on Wefunder: 519039 | observed_at: 2026-06-20T05:00:36Z | expires_at: 2026-06-21T05:00:36Z
- Total investors: 577 | observed_at: 2026-06-20T05:00:36Z | expires_at: 2026-06-21T05:00:36Z

Computed metrics:
- total_amount_raised: 519039
- total_investors: 577
- team_size: 3
- featured_investor_count: 5
- faq_count: 5
- recent_post_count: 10

Quick facts:
- Coco Pago is Revolut for Latin America, it helps migrants send money back home, a $120B market | citation: https://wefunder.com/coco.pago#claim-fact-1
- Launched in early 2022, now making $90k in monthly revenue, and currently profitable | citation: https://wefunder.com/coco.pago#claim-fact-2
- The founders are Venezuelan Migrants understand the pain of sending money to Latin America | citation: https://wefunder.com/coco.pago#claim-fact-3
- The founders have 9+ years of experience building financial products using blockchain technology | citation: https://wefunder.com/coco.pago#claim-fact-4
- Raised $1.5M from YCombinator and top investors. Now raising $500k to expand in Latin America. | citation: https://wefunder.com/coco.pago#claim-fact-5
- Migrant Money Transfers Market Size -Transfers to LatAm $120B -Transfers to Venezuela: $6B | citation: https://wefunder.com/coco.pago#claim-fact-6

FAQ:
- Q: With the argument of cryptocurrency- why not just send someone money this why? Why do they need to use you? What's unique or special about your company?
  A: The majority of the population in Latin America is unbanked. On the other side, more than +70% have a smartphone. Crypto enables people to use their bank as a bank account to receive money from anywhere in the world in minutes.
- Q: Gentlemen, I'm trying to figure out your math... You say"📈 GMV = $1.2M per month; $7.3M per year (1,096% YoY growth rate since 2019)", but typically any value "per year" will be approximately 12 times the monthly rate. Twelve times $1.2M would be $14.4M. By the same token, a G...
  A: Hi W Kim -- You are right. It's confusing. I just fixed it. $1.2M was our GMV on April --- $7.3M was our GMV in 2020 -- $630k was our GMV in 2019
- Q: Why isn't anyone answering legitimate questions? Please reply. Thanks. Blessings
  A: I appologize -- i didn't get any notifications to my email or phone. Just realized there was an "ask a question" section. I spoke to the team at Wefunder and they told me I'm can't get notifications, and that i should check this page every 72 hours at least -- which i will be doing now :-)
- Q: Agree with W Kim Colich. Not going to invest in something that doesn't take time to answer questions.
  A: I appologize -- i didn't get any notifications to my email or phone. Just realized there was an "ask a question" section. I spoke to the team at Wefunder and they told me I'm can't get notifications, and that i should check this page every 72 hours at least -- which i will be doing now :-)
- Q: Hi wanted to ask what is approx the current value of your business?
  A: The valuation for this round is $8M

Recent posts:
- Campaign closing this week! (2022-04-26T00:02:01Z) https://wefunder.com/feed/154957
- Raised +$100k so far, about to reach $150k this week🚀 (2022-04-18T18:43:48Z) https://wefunder.com/feed/154712
- Invest in Coco's new crowdfunding campaign today! (2022-04-11T14:28:56Z) https://wefunder.com/feed/149355
- Form C filed (2021-10-06T17:02:41Z) https://wefunder.com/feed/149324
- Crypto liquidity is changing the game. We’re past the “if” — it’s now onto “when.” (2021-10-04T17:48:23Z) https://wefunder.com/feed/149271
- Filing Form C this week (2021-09-28T21:33:52Z) https://wefunder.com/feed/149083
- In less than 24 hours we reached our first goal of $50k🙌🏼 (2021-09-16T20:16:03Z) https://wefunder.com/feed/148713
- Thousands of Venezuelan migrants rely on us to take care of their families back home🙌🏼 (2021-09-15T11:55:55Z) https://wefunder.com/feed/148653
- Celo Camp Batch's winners🏆 (2021-09-13T17:21:38Z) https://wefunder.com/feed/148580
- Get to know Victor & the Coco Mercado story 🥥 (2021-05-04T16:44:23Z) https://wefunder.com/feed/144694