RecargaPay: Funding, Investors & Team (Aug 2026)
RecargaPay is a leading fintech in Brazil providing seamless payment experiences for frequent and essential payments, with the mission to democratize mobile payments and financial services. The company is creating a mobile money ecosystem where banked and unbanked interact, providing consumers and businesses a one stop shop for all their financial needs. RecargaPay is transforming how people pay by providing the most convenient way to replace cash : making it easy to cash in (boleto, credit card, debit cards, loans, QR codes, mPOS) and cash out (top ups, bill payments, transport, p2p, gift cards, prepaid card, parking, QR code). Founded in 2010 by Rodrigo Teijeiro (CEO), Alvaro Teijeiro (CTO) and Gustavo Victorica (COO), RecargaPay has raised over US$ 63 million in venture capital from a group of investors led by The IFC, IDC Ventures, ATW, The Venture City, DN Capital, and FJ Labs.
RecargaPay has raised $77.5M across 2 funding rounds on record, the most recent an undisclosed round of $7.5M announced in Nov 2021.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
RecargaPay Company Profile and Key Stats
Latest funding round on record: Nov 2021.
RecargaPay Funding Rounds
RecargaPay raised $70.0M in a Series C announced in Feb 2021.
9 months later, an undisclosed round of $7.5M was announced in Nov 2021.
RecargaPay Founders and Leadership Team
No contact details are on record for this team yet.
RecargaPay Funding Compared to Other Financial Services Startups
RecargaPay's latest round of $7.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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RecargaPay Funding FAQs
What does RecargaPay do?
RecargaPay is a leading fintech in Brazil providing seamless payment experiences for frequent and essential payments, with the mission to democratize mobile payments and financial services. The company is creating a mobile money ecosystem where banked and unbanked interact, providing consumers and businesses a one stop shop for all their financial needs. RecargaPay is transforming how people pay by providing the most convenient way to replace cash : making it easy to cash in (boleto, credit card, debit cards, loans, QR codes, mPOS) and cash out (top ups, bill payments, transport, p2p, gift cards, prepaid card, parking, QR code). Founded in 2010 by Rodrigo Teijeiro (CEO), Alvaro Teijeiro (CTO) and Gustavo Victorica (COO), RecargaPay has raised over US$ 63 million in venture capital from a group of investors led by The IFC, IDC Ventures, ATW, The Venture City, DN Capital, and FJ Labs.
How much funding has RecargaPay raised?
RecargaPay has raised $77.5M across 2 rounds on record. The most recent is an undisclosed round of $7.5M announced in Nov 2021.
When did RecargaPay last raise funding?
RecargaPay's most recent funding round on record is an undisclosed round of $7.5M, announced in Nov 2021.
Who is the CEO of RecargaPay?
Gustavo Victorica is listed as CEO at RecargaPay.
Where is RecargaPay headquartered?
RecargaPay is based in São Paulo, Sao Paulo, Brazil.
How many employees does RecargaPay have?
RecargaPay is in the 251-500 employee band.
How does RecargaPay's funding compare to other Financial Services startups?
RecargaPay's latest round of $7.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's RecargaPay Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for RecargaPay is left off this page rather than filled in.
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