Experian helped the mobile payment services provider pass $100m of total funding, participating in a round that will support hiring and product development.
Brazil-based mobile payment platform operator RecargaPay has received $70m in a series C round backed by credit scoring service Experian.
Venture capital firms Fuel Venture Capital and IDC Ventures co-led the round, which included ATW Partners and LUN Partners and which increased the company’s funding to over $100m to date.
Founded in 2010, RecargaPay has built a mobile platform allowing users to pay bills, apply for micro-loans, purchase gift cards and top up their mobile and public transport credit.
The…
