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Paytech Ventu announces its pre-seed round to facilitate international trade for SMEs in Latam

September 14, 2022
Por
Ventu
Ventu
A cross-border B2B multi-rail payment platform for SMEs
📷
LinkedIn
With this pre-seed round, the company announce the beginning of their BETA launch for Mexican and US clients and the pre-registration site for our growth and expansion plans.
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Dimitri Zaninovich, Founder of Ventu explains about the pre-seed round:

We are happy to share that we met our pre-seed goal and are now full-speed building Ventu. Our mission is to bring the benefits of blockchain to facilitate international trade for SMEs in Latin America. Based on this technology, Ventu offers a smarter solution to build trust, make payments, integrate entire supply chains, and give access to trade-related financial services. We have earned the trust of investors like Nido Ventures, 99 Startups, Bridge Latam and other founders and business leaders in Latin America.

Ventus's story began almost a year ago at Stanford when a friend introduced me to Santiago Bustamante Villa (my co-founder and CTO). He knew we were two Colombian students who wanted to build a startup and generate impact in Latin America. In my case, I came to Stanford to reflect on and prepare for my next big personal and professional project: a technological platform that could bring the benefits of international trade to SMEs in my region. I had previously built a firm in project finance, worked at Citibank facilitating international trade, and faced my biggest professional challenges as Vice-minister and CEO of the National Infrastructure Agency of Colombia. Now, I was ready for a new challenge that could combine my experience and vision with state-of-the-art technology from Silicon Valley.

Santiago has a different but complementary story: a 20-year-old entrepreneur who has already built an ed-tech company and was struggling to pay his suppliers along the region. From day one, Santiago stood out to me as exceptional. He has the character traits of a successful entrepreneur: energetic, hardworking, ambitious, and stubbornly obsessed with solving this problem. He brought his profound product and technical expertise from working at Bitso, as part of his stack of abilities to ideate a new product for Ventu. I also found out that at his age, Santiago is already paying for his tuition and living at Stanford with the proceeds of the profitable company he’s built. I wished I had done that when I had his age, and that was enough for me to know that he was the partner I was looking for.

During the spring, we took a class together and interviewed customers who were also facing challenges with their cross-border payments in five countries, confirming our thesis. Over the summer, we decided to turn the idea into reality. We incorporated and hired a fantastic team of experienced builders of fintech companies in LatAm (eg. Oscar Salas / Kevyn Franco). Now, we are building a product that will generate efficiency, transparency, and ownership for SMEs living from imports and exports.

With this pre-seed round, we gladly announce the beginning of our BETA launch for Mexican and US clients and the pre-registration site for our growth and expansion plans: https://www.ventupay.com/. Thanks to all our investors and clients for their trust and engagement. This journey is just beginning.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y de ellas son responsables sus autores. No reflejan ni comprometen el pensamiento u opinión de Latam Fintech Hub, por lo cual no pueden ser interpretadas como recomendaciones emitidas por la platafomra. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista sobre el ecosistema Fintech.

Dimitri Zaninovich, Founder of Ventu explains about the pre-seed round:

We are happy to share that we met our pre-seed goal and are now full-speed building Ventu. Our mission is to bring the benefits of blockchain to facilitate international trade for SMEs in Latin America. Based on this technology, Ventu offers a smarter solution to build trust, make payments, integrate entire supply chains, and give access to trade-related financial services. We have earned the trust of investors like Nido Ventures, 99 Startups, Bridge Latam and other founders and business leaders in Latin America.

Ventus's story began almost a year ago at Stanford when a friend introduced me to Santiago Bustamante Villa (my co-founder and CTO). He knew we were two Colombian students who wanted to build a startup and generate impact in Latin America. In my case, I came to Stanford to reflect on and prepare for my next big personal and professional project: a technological platform that could bring the benefits of international trade to SMEs in my region. I had previously built a firm in project finance, worked at Citibank facilitating international trade, and faced my biggest professional challenges as Vice-minister and CEO of the National Infrastructure Agency of Colombia. Now, I was ready for a new challenge that could combine my experience and vision with state-of-the-art technology from Silicon Valley.

Santiago has a different but complementary story: a 20-year-old entrepreneur who has already built an ed-tech company and was struggling to pay his suppliers along the region. From day one, Santiago stood out to me as exceptional. He has the character traits of a successful entrepreneur: energetic, hardworking, ambitious, and stubbornly obsessed with solving this problem. He brought his profound product and technical expertise from working at Bitso, as part of his stack of abilities to ideate a new product for Ventu. I also found out that at his age, Santiago is already paying for his tuition and living at Stanford with the proceeds of the profitable company he’s built. I wished I had done that when I had his age, and that was enough for me to know that he was the partner I was looking for.

During the spring, we took a class together and interviewed customers who were also facing challenges with their cross-border payments in five countries, confirming our thesis. Over the summer, we decided to turn the idea into reality. We incorporated and hired a fantastic team of experienced builders of fintech companies in LatAm (eg. Oscar Salas / Kevyn Franco). Now, we are building a product that will generate efficiency, transparency, and ownership for SMEs living from imports and exports.

With this pre-seed round, we gladly announce the beginning of our BETA launch for Mexican and US clients and the pre-registration site for our growth and expansion plans: https://www.ventupay.com/. Thanks to all our investors and clients for their trust and engagement. This journey is just beginning.

Las opiniones compartidas y expresadas por los analistas son libres e independientes, y solamente sus autores son responsables de ellas. No reflejan ni comprometen el pensamiento o la opinión del equipo de Latam Fintech Hub y, por lo tanto, no pueden interpretarse como recomendaciones emitidas por la plataforma. Esta plataforma es un espacio abierto para promover la diversidad de puntos de vista en el ecosistema Fintech.

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Segmento:
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País de origen:
Headquarters:
Menlo Park, California
Monto inversión:
M
Ronda financiación:
Pre Seed
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