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# Argentinian fintech infrastructure startup Geopagos raises $35 million in funding
- URL: https://www.techloy.com/argentinian-fintech-infrastructure-startup-geopagos-raises-35-million-in-funding/
- Published: 2022-08-04T14:28:59.000Z
- Updated: 2022-12-07T22:15:01.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Argentina

Fintech infrastructure-providing startup based in Argentina, [Geopagos,](https://www.geopagos.com/) has raised $35 million in its new funding round led by Riverwood Capital. 

- The fund will be used to develop its technology infrastructure stack and expand to countries in other regions, including Brazil where it launched recently.
- Founded in 2013, Geopagos enables businesses to launch their financial services by providing infrastructure software. It helps its customers acquire and facilitate card payments to their clients.
- The company has become profitable and has been growing at a 75% annualized rate in the last three years.
- Endeavour Catalyst participated in the round which marks the first institutional investment in Geopagos.