Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital

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TechCrunch 2d ago

Brazilian fintech Tako emerges from stealth with sizable seed round led by a16z and Ribbit Capital - TechCrunch

Quick Summary:

Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right.

Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover.

Gadotti said the company does plan to expand as it grows into building more features like instant payments.