Takenos raises $7 million for LatAm stablecoin rails

Takenos has raised $7 million in a seed extension for stablecoin payment rails across Latin America, led by North Island Ventures and Road Capital Management. The distinctive part of the November 4, 2026 announcement is the map: chief executive Lucas Posada told Forbes Argentina the company will aggregate smaller markets, Central America in particular, and keep Brazil, Mexico and Colombia outside the current expansion focus. Existing investors Variant, Lattice and Reverie joined the round, which the company says takes total funding to $12 million.

Posada also told Forbes the founders kept the financing as a seed extension after the valuation, on his account, rose four to five times from the previous round, a figure Takenos has kept private. He said the prior seed closed between September and October 2025, that later growth brought existing investors back in size, and that Road Capital Management joined the cap table on that stretch. A Series A, he told the magazine, still waits on management, teams and the consolidation of the organisation, because a raise means selling shares in the company.

Six licensed markets, and company figures

Founded in 2022 by Posada, Simón Bouché, Joaquín Herrera and Francisco Goulu, Takenos says it operates with local infrastructure and licences in Argentina, Bolivia, Ecuador, Peru, Paraguay and Guatemala. Posada told Forbes the firm is working in Peru, Ecuador, Paraguay and Guatemala, countries added this year that need further investment, and the announcement says Takenos will provide services in more than 15 countries next year. The volume figures are company claims: Takenos says it processes more than $5 billion a year and serves millions of users, numbers El Economista and LatamList carried as the company's.

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In the same announcement Posada says the firm built its own stablecoin beside the licences and the local on-ramps and off-ramps, and that claim stays the company's. An issuer entity, a reserve report and a ticker stay unidentified. The company says LATAM Airlines runs payments on the infrastructure, and that corporate clients in Bolivia include energy and mining firms.

Where the $7 million goes

The company says the $7 million will pay for licences and local rails in each new market, a larger enterprise Application Programming Interface (API) business with global corporations, new products, and hiring in engineering, compliance and go-to-market roles. Posada described the stack to Forbes as a consumer application, tools for smaller firms, company integration interfaces and an institutional trading desk, grown from an earlier product for people receiving money from abroad. Takenos names Stripe, Mastercard and Visa as partners, and says it was the first financial-technology company incorporated and regulated by Bolivia's Autoridad de Supervisión del Sistema Financiero (ASFI) under that country's new fintech framework, claims that travel with the announcement.

Posada told the company post, "We built the rails: the licenses, our own stablecoin, local on- and off-ramps in every market." Travis Scher of North Island Ventures, a lead investor already on the cap table, said, "Takenos is doing the hard thing: building regulated stablecoin infrastructure in the markets everyone else overlooks, and the numbers prove that users in those markets were waiting for them." The numbers in that sentence are the company's volume claim, and Scher's comment treats the claim as evidence. Asked what most limits growth, Posada told Forbes the tighter constraint is trust, ahead of regulation, because winning a customer means understanding how that person already treats savings, the local currency and the dollar.

Other deals, and a different map

Forbes Argentina, El Economista and LatamList quote the company and Scher, and dLocal, Bitso and Global66 are absent from those three reports. Brazil is one market Posada set outside the current focus, and Industry Spread reported Yellow Card's acquisition of GoMoney for Pix collections there. The same window included Clip's purchase of Pulpos, which pairs payments with shop tools, and AMINA Bank joining the RTGS.global cross-border network, a shared rail rather than a stack of local licences. CrissCross securing Circle Ventures capital through Stitch is a further funding print beside this country-by-country licence build.

Takenos is using a smaller extension to license markets one by one, which is why the round's size matters less than the map Posada described. Argentina and Bolivia are the markets where the operation was already built before this year's additions, and the new money is assigned to licences and rails in places that still need them. A slip in those licences would leave the operating list at the six countries named on November 4.

This article is for informational purposes only and is not financial, investment, or trading advice. The Industry Spread has no affiliate or referral relationship with the companies mentioned. Round terms, licences and product claims should be checked with the company and the relevant regulator.