Toku, a company specializing in streamlining recurring payment collection in Latin America, secured a $9.3 million Series A led by Gradient Ventures, with participation from Wollef. The funding will fuel Toku’s expansion in Mexico, Chile, and Brazil, with the aim of reaching over 600 corporate clients in 2024, as the platform combines software and personalized consulting to automate collections and provide a better payment experience for end-users. Toku’s CEO, Cristina Etcheberry, emphasizes the company’s focus on solving the challenges of manual and inefficient collection processes in Latin America through technology-driven solutions.
Toku Secures $9.3M Series A to Streamline Recurring Payment Collection in Mexico
