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Based in Bogotá, Colombia, Cobre develops financial infrastructure that enables real-time payments, treasury management, and automated B2B financial operations for enterprises operating throughout Latin America. The software platform centralizes corporate bank accounts and provides real-time data reconciliation, currently serving over 300 corporate clients across diverse international markets including Mexico, Brazil, Chile, and Switzerland. Operating on a transaction-based fee model, the organization processed $17 billion in total transactions throughout 2025, generating $27 million in client savings, and subsequently reached a monthly payment volume of $2.6 billion in early 2026. Backed by prominent venture capital firms such as Kaszek and QED Investors, the enterprise recently integrated with Colombia's Bre-B system to facilitate instant interbank transfers and earned recognition on Fast Company's innovation index. Cobre was officially established in 2020 by chief executive officer José Vicente Gedeón.
Cobre has raised $79.0M across 6 funding rounds.
Cobre has raised $79.0M in total across 6 funding rounds.
Cobre is a Colombian technology company that builds a financial management platform designed to centralize and optimize treasury operations for medium and large businesses. Its platform streamlines processes such as reconciliation, collections, payments, and accelerates domestic and cross-border money movement by connecting multiple banking partners in real time. Serving sectors like e-commerce, technology, and real estate, Cobre aims to solve complex enterprise money movement challenges, enabling businesses to grow by reducing financial friction. Since its founding, it has gained traction with over 200 companies in Colombia and expanded into Mexico, reflecting strong growth momentum and regional scaling ambitions[1][2][3].
Founded in 2019 in Bogotá, Colombia, by José Vicente Gedeón, Felipe Gedeón, Alberto Chejne, and José Donato, Cobre emerged from the founders' vision to tackle the inefficiencies in enterprise treasury and payment management. The idea was born from their deep understanding of Latin America's fragmented financial ecosystem and the need for interoperable technology to unify money movement. Early success in Colombia, where Cobre transformed treasury operations for numerous companies, was pivotal in securing investor confidence and enabling expansion into larger markets like Mexico[1][2][4].
Cobre rides the wave of increasing digital adoption and financial modernization in Latin America, a region historically challenged by fragmented banking systems and inefficient money movement. The timing is critical as businesses demand more integrated, real-time financial tools to compete globally. Market forces such as the rise of e-commerce, cross-border trade, and regulatory pushes for financial interoperability favor Cobre’s growth. By enabling enterprises to centralize treasury operations and accelerate payments, Cobre influences the broader fintech ecosystem by setting new standards for financial infrastructure and interoperability in Latin America[1][4].
Looking ahead, Cobre is poised to deepen its footprint across Latin America, leveraging its robust platform and investor support to enter new markets and enhance product capabilities. Trends such as increased cross-border commerce, regulatory harmonization, and growing demand for real-time financial data will shape its trajectory. Cobre’s influence is likely to expand beyond treasury management into broader financial services, potentially becoming a foundational infrastructure player in Latin America’s fintech landscape. Its mission to reduce barriers in money movement aligns with regional economic growth, making it a key company to watch in the evolving financial technology sector[1][4].
Cobre has raised $79.0M across 6 funding rounds. Most recently, it raised $35.0M Series B in September 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2024 | $35M Series B | OAK HC/FT | Faction VC, Incisive Ventures, Pioneer Fund, Sommet AB, Streamlined Ventures, Unpopular Ventures | Announced |
| Oct 5, 2023 | $13M Venture Round | — | — | Announced |
| May 1, 2023 | $13M Series B | — | HI Ventures, Kaszek Ventures, NFX, Hans Tung, OAK HC/FT, Picus Capital, QED Investors, Jeronimo Uribe | Announced |
| Jan 1, 2022 | $14M Series A | — | HI Ventures, Alpha4 Ventures, Caffeinated Capital, Canary Ventures, Comal Ventures, Global Founders Capital, Graph Ventures, Homebrew, Magma Partners, NFX, ONE WAY Ventures, QED Investors, David Vélez, Karim Atiyeh, SRI Batchu | Announced |
| Feb 1, 2021 | $3M Seed | — | Canary Ventures, Global Founders Capital, Graph Ventures | Announced |
| Aug 1, 2020 | $1M Seed | — | Canary Ventures, Global Founders Capital, Graph Ventures | Announced |
Cobre has raised $79.0M in total across 6 funding rounds.
Cobre's investors include Oak HC/FT, Faction VC, Incisive Ventures, Pioneer Fund, Sommet AB, Streamlined Ventures, Unpopular Ventures, ALLVP, Kaszek Ventures, NFX, Hans Tung, Picus Capital.
