Inside the business of finance

Funding

Takenos Raises $7 Million to Expand Stablecoin-Based Cross-Border Treasury

North Island Ventures and Road Capital Management co-led the seed extension for the Argentine fintech, which plans to scale its enterprise API and expand across Latin America.

By MFN Staff
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Stablecoin-based cross-border payment and treasury platform for Latin American businesses
Stablecoin-based cross-border payment and treasury platform for Latin American businesses

BUENOS AIRES — Argentine fintech Takenos announced a $7 million seed extension on Nov. 4, 2026, co-led by North Island Ventures and Road Capital Management. Existing investors Variant, Lattice and Reverie also participated, according to the company.

Takenos provides a stablecoin-based financial platform for cross-border payments and treasury services. The company says it will use the capital to scale its enterprise API business and expand from six to more than 15 Latin American countries by 2027.

Stablecoins can make cross-border settlement faster in some corridors, but enterprise treasury products still require liquidity, compliant on- and off-ramps, transaction monitoring, reliable accounting and clear treatment of reversals or mistaken transfers.

The expansion plan is forward-looking and depends on market access, licensing, banking relationships and customer adoption. The funding announcement establishes Takenos’s stated strategy, not guaranteed availability in every planned country or a prediction of future revenue.