El Dorado

Brazilfintech

El Dorado is a Latin American fintech that provides a cross-border payments platform, solving the difficulty of accessing financial services for cross-border transactions. The company uses stablecoins to facilitate cross-border payments, offering a faster and more accessible alternative to traditional banking. Founded in 2021 by Guillermo Goncalvez, Juan Andreu, and Carlos Fontes, El Dorado is based in Colombia and serves customers across Latin America. The startup raised a $9M Series A round led by Paradigm, with participation from Coinbase Ventures and Verda Ventures, indicating strong investor confidence in its model.

Key people

• Guillermo Goncalvez Co-founder
• Juan Andreu Co-founder
• Carlos Fontes Co-founder