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Tether Leads $3M Investment in Colombian Fintech Plenti

Guavy AI Editorial Team
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Colombian fintech Plenti secured $3 million in seed funding from Tether and Verda Ventures to accelerate its expansion across Latin America. The investment will support existing operations in Colombia, while also enabling entry into Peru and Bolivia.

Founded in 2022, Plenti offers a multicurrency platform that allows users to hold and move dollars, euros, and Colombian pesos. Users can earn yield on balances, fund international brokerage accounts, and invest fractionally in US stocks, ETFs, digital gold, and crypto.

The company currently serves over 150,000 active users, processing more than $3.1 billion in annual transaction volume across B2B and B2C services.

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