Cubo, an emerging fintech player, has positioned itself with a mission centered on enabling entrepreneurs and small businesses (mipymes) across Latin America to efficiently accept card payments. Launched in 2021, Cubo aims to transform digital payment processes for small merchants, starting in El Salvador, Guatemala, and Panamá.
This startup has successfully attracted over $5 million in investments from various sources, marking a significant milestone by being the first fintech in Central America to secure funding from the Inter-American Development Bank (IDB). Additional investors include Amador Holdings, Global Founders Capital, Seedstars, Soma Capital, and Latin Leap.
A recent $3.50M Seed Round investment was closed on April 21, 2023, with prominent participation from Soma Capital, IDB Lab, Simma Capital, Amador Holdings, Latin Leap, and Seedstars, further validating Cubo's potential in the Financial Services, Mobile, and Payments sectors.