Series A Round

Toku is a fintech company based in San Francisco, CA, focused on challenging the payment processing monopoly in Chile through its innovative account receivable SaaS platform. The company aims to provide businesses with more efficient and cost-effective payment solutions. Toku's platform leverages advanced technology to streamline payment processes, reduce transaction costs, and enhance cash flow management for businesses in the region. With this funding, Toku plans to expand its operations and enhance its technology to better serve the growing demand for digital payment solutions in Latin America. The funding round was led by Oak HC/FT, with participation from Gradient Ventures, Y Combinator, and other notable investors.