According to PANews, Argentine fintech company Tapi has completed a $20 million Series A financing round, led by Kaszek and participated by Andreessen Horowitz (a16z). Tapi is expanding its business in Mexico.

Tapi, a payments processor for large Latin American consumer platforms including Mercado Pago and crypto exchange Lemon, expects to process about $400 million in payments in five countries this year and grow fourfold by 2023.

Tapi, which has about 70 employees, most of whom are based in Argentina, expects total payment volume to grow fivefold to 10 million transactions per month by the end of this year. Tapi’s payment processing technology is designed to help fintech companies serve customers in multiple countries.