Mexican FinTech company UnDosTres scores $30m round

Mexico-based payments platform UnDosTres has reportedly collected $30m in its Series B funding round, which was led by IDC Ventures.

Other contributions came from previous backers IGNIA and Dalus Capital, according to a report from LatamList. Other commitments came from first-time investors Telegraph Hill Capital, AI8 Ventures and Benber LP.

With the funds, UnDosTres plans to bolster its technology development efforts.

UnDosTres co-founder Naveen Sharma told LatamList, ?The goal is to accelerate a customer-friendly solution for integrated financial services to reach that percentage of Mexicans who have not yet made any online transactions.span>

UnDosTres is a consumer payments platform that helps consumers access simplified payment experiences. Its services support transactions for mobile topups, internet bills, gas and electric bills, urban transport, tv and entertainment bills and more.

Earlier in the year, fellow Mexico-based FinTech company NanoPay launched its services. The platform aims to be an ?ally in women daily lives that can be used at different stages and moments in their lives.Its features include a payment card, as well as access to a 24-hour online doctor, counselling and more.

Mexico has a booming FinTech sector. It was home to four of the five new FinTechs to reach unicorn status in Latin America in 2021.

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