Coco Pago (YC S19)

Coco Pago is the Revolut for Latin America. A super app for money transfers and financial services

https://wefunder.com/coco.pago

Total raised on Wefunder: 519039

Total investors: 577

Quick facts

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

Team profiles

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Coco Pago (YC S19)

Coco Pago is the Revolut for Latin America. A super app for money transfers and financial services

Funded badge
Last Funded January 2024

$519,039

raised from 577 investors

What Investors Say

LEAD INVESTOR
Invested $50,000 this round + $100,000 previously
In working with Coco Pago over the past two years, the business has made tremendous progress and is poised to take the leadership position in "Remittance 2.0." This market is $20BB+, and is dominated by slow-moving incumbents, high transaction costs, and low customer satisfaction. Coco Pago offers a faster, cheaper and friendlier alternative. The Coco Pago team is amazing. I'm excited to have the chance to invest before a possible major funding event in the future.
What People Say