Ecuadorian payments infrastructure startup Kushki lands $100M at a $1.5B valuation
Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 billion. Kushki aims to help make it easier, cheaper and more secure for businesses across Latam to send and receive/process digital payments. It enables Latam businesses to accept payments globally and receive money in their local currency. The end goal is to help these businesses grow faster online and drive consumer adoption of digital payments.