Belo completes $14 million Series A funding, led by Tether

Golden Finance reports that on April 29th, Latin American digital wallet Belo completed a $14 million Series A funding round led by stablecoin issuer Tether, with participation from Titan Fund, The Venture City, Mindset Ventures, and G2. The company plans to use this funding to expand into Mexico, Chile, Colombia, Peru, Bolivia, and Paraguay, and to deepen its presence in Brazil, focusing on serving cross-border payment and remittance freelancers and remote workers, reducing cross-border payment and foreign exchange costs and friction through stablecoin infrastructure.

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