Recargapay
Miami, BR · Founded 2010 · 537 employees on LinkedIn · 7 known investors
Find your way into Recargapay
623 people in our graph share verified history with the Recargapay team — schools, employers, funds. One of them is your warm intro.
Michael McBrideunlockedknows Alvaro Teijeiro · together at Stanford University Graduate School of Business (overlapped)
×8knows the team · via Stanford University Graduate School of Business
knows the team · via USC Marshall School of Business
knows the team · via Universidad de 'San Andrés'
knows the team · via Entrepreneurs' Organization
RecargaPay is a Brazilian mobile financial app offering fixed-income CDB investments (issued by RP Financeira, a Central Bank–regulated institution), with returns of 107% to 110% of the CDI, FGC protection, and a minimum investment of R$50. Beyond investments, it provides a broader financial ecosystem for individuals and businesses, including bill payments, Pix, and cashback, all within the same account.
Founders & leadership
Recargapay was founded in 2010 by Alvaro Teijeiro and Rodrigo Teijeiro.
AT
Alvaro TeijeiroinCo-Founder & CTOHe previously co-founded Fnbox, a company builder that created internet businesses including e-commerce and social networking platforms, and worked on social networks and fintech products across Latin America.
RT
Rodrigo Teijeiroin𝕏Founder & CEORodrigo Teijeiro founded Fnbox, a Latin American internet company that built multiple ventures including social networks, mobile top-up platforms, and daily deals services before being recognized as a Great Place to Work; he now leads RecargaPay, a Brazilian mobile financial platform offering fixed-income investments and payments services.
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Diego EscobarinCFO2015–2026
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Gustavo VictoricaNamed on SEC filing
Board
SS
Steven SchlenkerBoard director
AP
Anil PereiraBoard director
Investors · 7
Reported raises · per SEC filings
Form D private placements$67.6M disclosed across 7 rounds · 2008–2021
▶$7.5MraisedNov 2021 · 1 investors · Other TechnologyRule 506(b)
▶$7.5MraisedNov 2021 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Rodrigo TeijeiroExecutive Officer, Director
- Henry McGovernDirector
- Roberto AitkenheadDirector
- Alvaro TeijeiroExecutive Officer, Director
- Antonio Ruiz-GimenezDirector
- Gustavo VictoricaExecutive Officer, Director
- Diego EscobarExecutive Officer
- Renato CamargoExecutive Officer
- Offering amount
- $15M
- Amount sold
- $7.5M
- First sale
- Oct 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.5MraisedFeb 2020 · 1 investors · Other TechnologyRule 506(b)
▶$2.5MraisedFeb 2020 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Steven SchlenkerDirector
- Alvaro TejeiroExecutive Officer, Director
- Diego EscobarExecutive Officer
- Rodrigo TejeiroExecutive Officer, Director
- Gustavo VictoricaExecutive Officer, Director
- Antonio Ruiz-Gimenez, Jr.Director
- Offering amount
- $5M
- Amount sold
- $2.5M
- First sale
- Feb 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$15MraisedOct 2019 · 12 investors · Other TechnologyRule 506(b)
▶$15MraisedOct 2019 · 12 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gustavo VictoricaExecutive Officer, Director
- Steven SchlenkerDirector
- Alvaro TejeiroExecutive Officer, Director
- Rodrigo TejeiroExecutive Officer, Director
- Diego EscobarExecutive Officer
- Antonio Ruiz-Gimenez, Jr.Director
- Offering amount
- $15M
- Amount sold
- $15M
- First sale
- Jul 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$18.5MraisedMay 2019 · 5 investors · Other TechnologyRule 506(b)
▶$18.5MraisedMay 2019 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gustavo VictoricaExecutive Officer, Director
- Antonio Ruiz-Gimenez, Jr.Director
- Rodrigo TejeiroExecutive Officer, Director
- Alvaro TejeiroExecutive Officer, Director
- Diego EscobarExecutive Officer
- Steven SchlenkerDirector
- Offering amount
- $18.5M
- Amount sold
- $18.5M
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$16.7MraisedMay 2019 · 21 investors · Other TechnologyRule 506(b)
▶$16.7MraisedMay 2019 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Rodrigo TejeiroExecutive Officer, Director
- Antonio Ruiz-Gimenez, Jr.Director
- Diego EscobarExecutive Officer
- ?lvaro TejeiroExecutive Officer, Director
- Gustavo VictoricaExecutive Officer, Director
- Steven SchlenkerDirector
- Offering amount
- $21.5M
- Amount sold
- $16.7M
- First sale
- Oct 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.4MraisedFeb 2016 · 14 investors · Other TechnologyRule 506(b)
▶$1.4MraisedFeb 2016 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gustavo VictoricaExecutive Officer, Director
- Steven SchlenkerDirector
- Anil PereiraDirector
- Alvaro TeijeiroExecutive Officer, Director
- Rodrigo TeijeiroExecutive Officer, Director
- Diego EscobarExecutive Officer
- Offering amount
- $5M
- Amount sold
- $1.4M
- First sale
- Mar 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6MraisedAug 2014 · 43 investors · Other TechnologyRule 506(b)
▶$6MraisedAug 2014 · 43 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Anil PereiraDirector
- Alvaro TeijeiroExecutive Officer, Director
- Steven SchlenkerDirector
- Rodrigo TeijeiroExecutive Officer, Director
- Gustavo VictoricaExecutive Officer, Director
- Offering amount
- $8M
- Amount sold
- $6M
- First sale
- May 2008
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Recargapay do?
- RecargaPay is a Brazilian mobile financial app offering fixed-income CDB investments (issued by RP Financeira, a Central Bank–regulated institution), with returns of 107% to 110% of the CDI, FGC protection, and a minimum investment of R$50. Beyond investments, it provides a broader financial ecosystem for individuals and businesses, including bill payments, Pix, and cashback, all within the same account.
- Who founded Recargapay?
- Recargapay was founded by Alvaro Teijeiro, Rodrigo Teijeiro in 2010.
- Who are Recargapay's investors?
- Recargapay's investors include DN Capital, Fuel Venture Capital, Next Billion Capital Partners, SquareOne Capital, Staenberg Venture Partners, TheVentureCity, 8i Ventures.
- How much funding has Recargapay raised?
- Recargapay has disclosed $67.6M raised across 7 rounds.
- Where is Recargapay headquartered?
- Recargapay is headquartered in Miami, BR.