- Headquarters
- Buenos Aires
- Founded
- 2004
- Business Model
- B2B
- Website
- dineromail.com
- Total Funding
- $3.6M
- Last Round
- $3.6M Series ASep 2009
- Rounds
- 1
About
DineroMail was an online payment platform founded in 2003-2004 by Argentine entrepreneurs Alejandro Estrada, Alec Oxenford, and Juan Bruzzo, modeled on PayPal to serve e-commerce transactions across Latin America including Mexico, Brazil, Argentina, and Chile. Senders could transfer money for free while merchants and individuals receiving funds paid fees, and the company grew into one of the region's leading digital payment processors. South African internet group Naspers, via BuscaPé, acquired DineroMail in 2011, and by 2014 the brand was folded into Naspers' PayU network and rebranded as PayU Latam.
Summary
Dineromail is a Fintech company based in Buenos Aires, Argentina, founded in 2004. It has raised $3.6M in total across 1 round, most recently a $3.6M Series A round in Sep 2009. Investors include FJ Labs and International Finance Corporation.
Funding History
Sep 2009
Investors
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