RecargaPay

RecargaPay (operating at recargapay.com) is a mobile payments app company engineered for providing online financial services for banked and unbanked individuals nationwide. Founded in 2010 by Rodrigo Teijeiro, Alvaro Teijeiro, and Gustavo Victorica and headquartered in São Paulo, Brazil, RecargaPay does X instead of Y — it solves the problem of limited access to financial services by offering a digital wallet regulated by the Central Bank for making Pix payments with credit cards, paying bills, and investing in CDBs. Under the hood, the product/technology works by leveraging a fully remote team of 600 employees. This allows over 9 million clients to make financial transactions easily. Backed by over $152 million in total funding.