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1249

Álvaro Teijeiro

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Álvaro Teijeiro
CEO & Co-Founder of
RecargaPay (2010)
About

Alvaro Teijeiro is Co-Founder and Chief Technology Officer at RecargaPay, Brazil's leading all-in-one payments platform serving over 10 million active users. He is passionate about creating products with massive impact and scale, focused on democratizing mobile payments in Brazil.

Before founding

Alvaro co-founded Fnbox in 2001, a Latin American company builder that launched Sonico.com (reaching 55 million users and sold to Match/IAC in 2014), Tarjetastelefonicas.com, and Cuponica.com. He studied Business Administration at Universidad de San Andres and completed advanced studies at Stanford University Graduate School of Business.

Founder Insights

Alvaro is a tech entrepreneur with experience in fintech, ecommerce, and social networking, leading product, technology, and growth teams. He served as a Board Member at Entrepreneurs' Organization Argentina, sharing insights with the entrepreneurial community.

Experience

RecargaPay was founded in 2010 and has raised over $127 million from investors including IFC, IDB Invest, Fuel Venture Capital, and IDC Ventures. The company reached $200 million in revenue in 2023 with 55% year-over-year growth and has been profitable with positive cash flow since 2022.

Scale & Impact

RecargaPay has over 30 million app downloads and serves 600 employees across Sao Paulo, Buenos Aires, and Miami. The platform processes payments, mobile top-ups, bill payments, loans, and financial services for millions of Brazilians, reaching over 60 cities with transportation card services.

1249

Álvaro Teijeiro

RecargaPay
Co-Founder
Logo
Álvaro Teijeiro

Company(s)

RecargaPay

Industry

Fintech

Year Founded

2010

Stage/Funding

Series C • $152M

Company Location

br

Connect

About

Alvaro Teijeiro is Co-Founder and Chief Technology Officer at RecargaPay, Brazil's leading all-in-one payments platform serving over 10 million active users. He is passionate about creating products with massive impact and scale, focused on democratizing mobile payments in Brazil.

Before founding

Alvaro co-founded Fnbox in 2001, a Latin American company builder that launched Sonico.com (reaching 55 million users and sold to Match/IAC in 2014), Tarjetastelefonicas.com, and Cuponica.com. He studied Business Administration at Universidad de San Andres and completed advanced studies at Stanford University Graduate School of Business.

Founder Insights

Alvaro is a tech entrepreneur with experience in fintech, ecommerce, and social networking, leading product, technology, and growth teams. He served as a Board Member at Entrepreneurs' Organization Argentina, sharing insights with the entrepreneurial community.

Experience

RecargaPay was founded in 2010 and has raised over $127 million from investors including IFC, IDB Invest, Fuel Venture Capital, and IDC Ventures. The company reached $200 million in revenue in 2023 with 55% year-over-year growth and has been profitable with positive cash flow since 2022.

Scale & Impact

RecargaPay has over 30 million app downloads and serves 600 employees across Sao Paulo, Buenos Aires, and Miami. The platform processes payments, mobile top-ups, bill payments, loans, and financial services for millions of Brazilians, reaching over 60 cities with transportation card services.

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