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UnDosTres operates a digital payment platform in Mexico, streamlining a broad range of daily transactions. It facilitates mobile and electronic toll (TAG) recharges, and bill payments for utilities like electricity, internet, and gas. The platform consolidates diverse financial services into a single, secure application, simplifying routine operations for users, thus offering a cohesive solution for managing everyday digital payments efficiently.
Founded in 2015 by Vikram Deswal, Arpit Gupta, and Naveen Sharma, UnDosTres emerged from observing Mexico's fragmented consumer payment landscape. Their insight focused on the inconvenience of recurring small-value transactions. They built an integrated digital solution, centralizing diverse payment needs to enhance market efficiency and user experience, which ultimately led to the creation of their comprehensive platform.
UnDosTres serves Mexican consumers seeking convenient, secure digital methods for everyday payments, including household bills and mobile top-ups. The company's vision is to become Mexico's leading and most trusted digital payment destination, continually expanding its offerings to encompass more consumer financial activities and foster greater financial inclusion via accessible digital solutions for a wide user base.
UnDosTres has raised $38.0M across 3 funding rounds.
UnDosTres has raised $38.0M in total across 3 funding rounds.
UnDosTres has raised $38.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2022 | $30M Series B | IDC Ventures | 305 Ventures, Accelerator Ventures, American Express Ventures, Arbor Ventures, B Capital Group, Blockchain Capital, Company Capital, Dalus Capital, Digital Currency Group, Future Perfect Ventures, Ignia Partners, Jungle Ventures, LAUNCH, NKM Capital, Parallax Ventures, Recursive Ventures, RRE Ventures, Velum Ventures, Wayra Hispam, Martin Schrimpff, Saad Alsogair, AI8 Ventures, Benber, Telegraph Hill Capital | Announced |
| Nov 1, 2018 | $7M Series A | Dalus Capital, Ignia Partners | 305 Ventures, Accelerator Ventures, American Express Ventures, Arbor Ventures, B Capital Group, Blockchain Capital, Company Capital, Digital Currency Group, Future Perfect Ventures, IDC Ventures, Jungle Ventures, LAUNCH, NKM Capital, Parallax Ventures, Recursive Ventures, RRE Ventures, Wayra Hispam, Martin Schrimpff, Saad Alsogair | Announced |
| Apr 1, 2017 | $1M Seed | — | — | Announced |
UnDosTres is a Mexico-based FinTech company founded in 2015 that provides a mobile app and platform for seamless online payments, enabling users to recharge mobile phones, TAG (toll) services, buy movie tickets, and pay for utilities like phone, TV, and internet with one tap.[1][2][3] It serves everyday consumers in Mexico seeking convenient digital transactions, solving the problem of fragmented, time-consuming payment methods by offering a trusted, user-friendly ecosystem that has driven rapid adoption amid growing mobile payment demand.[1][3][4] With around 74-121 employees, $15.5 million in revenue, and over $36.5 million in total funding (including a $30 million recent round), UnDosTres demonstrates strong growth momentum as Mexico's leading platform for such services.[1][2][3]
UnDosTres was founded in 2015 by Naveen Sharma in Mexico City, emerging as a response to the need for a unified, always-available payment solution in a market reliant on cash and physical outlets for recharges and tickets.[1][2] The idea stemmed from recognizing inefficiencies in services like mobile top-ups, toll recharges, and entertainment bookings, with early traction built on exceptional user experience and 24/7 customer support, quickly positioning it as Mexico's go-to platform.[1][3][4] Pivotal moments include securing $8.2 million to $36.5 million in funding across rounds, fueling expansion in its digital payments ecosystem.[2][3]
UnDosTres stands out in Mexico's crowded payments landscape through these key strengths:
UnDosTres rides the wave of digital payment adoption in Latin America, particularly Mexico's shift from cash-heavy transactions to mobile-first solutions amid rising smartphone penetration and e-commerce growth.[1][2] Timing is ideal post-2015 founding, aligning with FinTech booms, regulatory support for digital wallets, and post-pandemic acceleration in contactless payments, where market forces like urban mobility (TAG recharges) and entertainment digitization favor its model.[3][4] It influences the ecosystem by setting standards for user-centric FinTech, competing with giants like Walmart eCommerce while enabling underserved consumers, thus democratizing access and boosting Mexico's $100B+ digital economy transition.[1]
UnDosTres is poised for expansion beyond core recharges into broader super-app features like e-commerce integrations or cross-border payments, leveraging its $36.5M funding war chest and user base.[2][3] Trends like AI-driven personalization, embedded finance, and Mexico's nearshoring boom will shape its path, potentially doubling revenue as digital payments hit 50% market share by 2030. Its influence may evolve from niche leader to regional powerhouse, challenging incumbents—watch for partnerships or IPO signals to sustain momentum from its one-tap origins.
UnDosTres has raised $38.0M in total across 3 funding rounds.
UnDosTres's investors include IDC Ventures, 305 Ventures, Accelerator Ventures, American Express Ventures, Arbor Ventures, B Capital Group, Blockchain Capital, Company Capital, Dalus Capital, Digital Currency Group, Future Perfect Ventures, IGNIA Partners.
