Arcus Financial Intelligence is a technology company.
Arcus Financial Intelligence has raised $20.0M across 3 funding rounds.
Arcus Financial Intelligence has raised $20.0M in total across 3 funding rounds.
Arcus Financial Intelligence is a fintech company that built a full-stack B2B platform for real-time payments, bill pay, cash-in/cash-out services, and financial data management, primarily targeting Latin America and the U.S. markets to boost financial inclusion.[1][2][4] It served merchants, financial institutions like BBVA and Santander, and large businesses such as Walmart and 7-Eleven, solving inefficiencies in cross-border money movement and personal finance tracking via a two-way real-time API that connected endpoints like merchants and banks.[1][4][6] Prior to its acquisition by Mastercard in December 2021, Arcus demonstrated strong growth with over 100 employees, 100+ clients, and operations in 7 Latin American countries, raising funding from Mastercard and others.[1][2][4]
Arcus Financial Intelligence was co-founded in 2013 by Edrizio de la Cruz and Iñigo Rumayor, immigrants from the Dominican Republic and elsewhere, driven by personal challenges in tracking finances and sending money home.[1][4] Launched through Y Combinator, the idea emerged from their fintech passion and aim to enable financial inclusion via innovative payment tools.[4] Early traction built through partnerships with major players, evolving from a U.S.-based startup in New York City to a LatAm-focused platform with a Mexico hub, culminating in its 2021 acquisition by Mastercard as a Start Path alum.[1][2][4]
Arcus rode the real-time payments and open banking wave in Latin America, where market forces like rising digital adoption, regulatory pushes for faster transactions (e.g., Mexico's ecosystem), and demand for cross-border inclusion created tailwinds.[2][4] Its timing aligned with LatAm's fintech boom, bridging fragmented infrastructures to enable businesses to launch payment solutions quickly, influencing ecosystem growth by powering services for giants like Walmart and Rappi.[4] Post-2021 Mastercard acquisition, Arcus technology amplified global players' reach, accelerating Bill Pay rollout and setting standards for inclusive fintech in emerging markets.[2][4]
Integrated into Mastercard, Arcus now fuels expanded real-time payments and Bill Pay across Latin America and beyond, with its platform enhancing global open banking initiatives.[2][4] Trends like AI-driven financial data tools, deeper LatAm digitization, and regulatory harmonization will propel its evolution, potentially extending to more cross-border remittances and embedded finance.[1][2] As Mastercard's asset, Arcus' influence grows from startup innovator to backbone of inclusive digital payments infrastructure, making "payments possible for everyone" a scaled reality.[4]
Arcus Financial Intelligence has raised $20.0M in total across 3 funding rounds.
Arcus Financial Intelligence's investors include IGNIA Partners, Jay Adelson, Avalancha Ventures, Capital Invent, Dux Capital, Acequia Capital, Craft Ventures, Founders Fund, Helpful Capital, Streamlined Ventures, Todd and Rahul's Angel Fund, Trucks Venture Capital.
Arcus Financial Intelligence has raised $20.0M across 3 funding rounds. Most recently, it raised $10.0M Series A in March 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2020 | $10.0M Series A | IGNIA Partners, Jay Adelson | |
| Dec 1, 2017 | $8.0M Series A | Avalancha Ventures, Capital Invent, Dux Capital, IGNIA Partners, Jay Adelson | |
| Dec 1, 2013 | $2.0M Seed | Acequia Capital, Craft Ventures, Founders Fund, Helpful Capital, Streamlined Ventures, Todd and Rahul's Angel Fund, Trucks Venture Capital, Adrian Aoun, Charlie Cheever, Charlie Songhurst, Greg Kidd |