In today's episode, I chat with Rodrigo Teijeiro, founder of RecargaPay, a leading mobile payments fintech in Brazil that has reached more than 3,5 million monthly active users. You can listen to it on YouTube, Spotify, and other podcast apps.
RecargaPay was founded in 2010 and has more than 300 employees in offices in Sao Paulo, Rio de Janeiro, Buenos Aires, and Miami. It is currently EBITDA positive, with a revenue run rate of over $50M. They recently raised a $70M Series C round, adding up to a total of $100M in funding. Their investors include Miami-based Fuel Venture Capital, Madrid-based IDC Ventures, ATW Partners, Venture City, FundersClub, and many others.
During the episode, we discussed Rodrigo's trajectory until the creation of RecargaPay, his lessons since the early days of being an internet entrepreneur, and the ethos of Miami in the latest months.
I also asked Rodrigo:
I hope you enjoy the episode and hit me up to share your favorite insights from the episode.
Lack of adaptability is the best seed for ignorance. Don't allow yourself to be slaved by tradition. Learn how to differentiate and adapt. Don't give up.
We humans have a lot to improve. Even the current “salvation systems” are subject to issues that permeate the weaknesses of the human spirit.
Everyone that has built something meaningful must have gotten in touch with “the dark side”. I woke up thinking about how it probably impulsed many to win.