The Argentina-based digital wallet said the funding will support expansion into Mexico, Chile, Colombia, Peru, Bolivia and Paraguay while also deepening its presence in Brazil for its more than 3 million users.
Belo, an Argentina-based digital wallet founded in 2021, completed a $14 million Series A funding round led by Tether. The company said it serves more than 3 million users and plans to use the capital to expand into Mexico, Chile, Colombia, Peru, Bolivia and Paraguay, while also deepening its presence in Brazil. The funding underscores continued interest in crypto-enabled payment platforms in Latin America.