Finance
Uruguay Fintech Prometeo to Staff Up After $13 Million Funding
- Paypal Ventures and Samsung Next are among its investors
- Company plans to launch payments in Brazil, Mexico this year
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Fintech startup Prometeo plans to hire 50% more staff and launch its payments services in Brazil and Mexico this year after securing $13 million in venture capital finance from investors including PayPal Ventures and Samsung Next.
Prometeo’s series A round, which closed last month, was oversubscribed as the Uruguayan company originally sought as much $10 million after pre-seed and seed funding that totaled $7 million, co-founder and co-Chief Executive Officer Ximena Aleman said in an interview.