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