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Paradigm leads $9 million Series A funding for El Dorado to enhance cross-border payment infrastructure in Latin America.

PRIVATEJun 15, 2026

Amount Raised

$9 Million

Round Type

Series A

BogotáFinancial ServicesPaymentsE CommerceFintechBlockchain

Investors

Verda VenturesCoinbase VenturesParadigm

Description

El Dorado has secured $9 million in Series A funding led by Paradigm, with additional backing from Coinbase Ventures and Verda Ventures. The financing aims to accelerate the company's mission of building modern cross-border payment services in Latin America. Founded in 2022, El Dorado has over 100,000 active users and has processed more than 5 million transactions. The funds will help scale its products, infrastructure, and regional presence.

Quick answer

El Dorado raised $9 Million in a Series A round, dated June 15, 2026. Investors: Verda Ventures, Coinbase Ventures and Paradigm. El Dorado is based in Bogotá, Capital District, Colombia.

How much did El Dorado raise?
El Dorado raised $9 Million in a Series A round on June 15, 2026.
Who invested in El Dorado?
Verda Ventures, Coinbase Ventures and Paradigm are named as investors in this round.
What does El Dorado do?
El Dorado operates a peer-to-peer cryptocurrency wallet that allows users to make cross-border payments and earn additional income through stablecoin exchanges.
Where is El Dorado based and how big is it?
El Dorado is based in Bogotá, Capital District, Colombia.
Who are the decision-makers at El Dorado?
Fundz holds 1 contact at El Dorado, including the Head of Products. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as El Dorado that raised within 45 days of this round, from Fundz verified event records.

  • House of Doge raised $1.4M (Debt Financing) on July 29, 2026.
  • Clip raised $500M (Funding Round) on June 19, 2026.
  • Paymove raised $2.4M (Seed) on June 10, 2026.
  • WasabiCard raised $10M (Pre-Series A) on June 3, 2026.
  • Paypercut raised $5.8M (Seed) on June 3, 2026.
  • Belo raised $14M (Series A) on May 26, 2026.

Who to call at El Dorado, and when

A new round usually means El Dorado is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day El Dorado raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at El Dorado, from your own LinkedIn network

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Company Information

Company

El Dorado

Location

Bogotá, Capital District, Colombia

About

El Dorado operates a peer-to-peer cryptocurrency wallet that allows users to make cross-border payments and earn additional income through stablecoin exchanges. Founded in 2020, El Dorado operates in Colombia, Venezuela, Argentina, Peru, Brazil, and Panama facilitating the exchange of stablecoins.

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Related People

1 contact
Verified contactsSantiago E., Head of ProductsSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

El Dorado raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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