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# Argentinian fintech Rebill raises $3.6 million in funding
- URL: https://www.techloy.com/argentinian-fintech-rebill-raises-3-6-million-in-funding/
- Published: 2022-08-18T15:44:09.000Z
- Updated: 2022-08-18T15:44:09.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Rebill, Fintech in LatAm, tiger global, Y Combinator, Soma Capital, SV Angel

[Rebill,](https://www.rebill.to/) an Argentina-based fintech focusing on building automated payment collection and management tools for Latin America, has raised $3.6 million in funding to improve its building processes. 

- The funding will be used to scale the startup's presence in Latin America, improve its payment gateways and bank integration, and integrate with relationship management, ERPs, and lending platforms.
- Founded in 2020, Rebill automates the collection process and integrates payment gateways invoicing tools. It also pre-approves credit and debit cards so customers can avoid complex billing scenarios.
- The YC-backed startup currently operates on a subscription basis and is available in Argentina, Chile, Colombia, Mexico, Peru, and Uruguay, collecting payments in 15 currencies.
- It is growing at 20% month-on-month and targets to raise Series A in 2023\.
- Tiger Global Management led the funding round, with participation from Y Combinator, Soma Capital, SV Angel, and a clutch of business angels, including Arash Ferdowsi (Dropbox) and Guillermo Rauch (Vercel).