Stablecoin financial platform Takenos has completed an additional $7 million in seed round financing, led by North Island Ventures and others

According to PR Newswire, the Latin American stablecoin financial platform Takenos has completed an additional $7 million in seed funding, led by North Island Ventures and Road Capital Management, with participation from existing investors Variant, Lattice, and Reverie. This round of financing brings Takenos' total funding to $12 million.

Founded in 2022, Takenos currently operates in six countries in Latin America, processing over $5 billion in transactions annually, with clients including global companies such as LATAM Airlines. The platform has developed a complete technology stack covering local payment rails, consumer applications, enterprise APIs, and institutional trading desks, with partners including Stripe, Mastercard, and Visa. The new funds will be used to expand services to more than 15 countries by 2027.