Plenti, a Colombian fintech focused on currency movement and investment services, today announced a $3 million seed funding round led by Tether, the issuer of the USDT stablecoin, with participation from Verda Ventures.

The new capital will be used to consolidate Plenti's operations in Colombia and finance its expansion into Peru and Bolivia. The company reports more than 150,000 active users and annual transaction volume exceeding $3.1 billion across its B2B and B2C divisions.

Tether's investment comes as digital dollar platforms gain ground across Latin America amid continued volatility in local currencies. As of the end of the second quarter of 2026, Tether reported approximately $184.6 billion in USDT in circulation, representing more than 60% of the global stablecoin market.

"Having Tether come in now as an investor validates what we've built and lets us strengthen the platform's liquidity and security to bring this model to more markets in Latin America," said Martín Peláez, co-founder and CTO of Plenti.

Plenti competes in the multicurrency accounts and retail investment category alongside platforms such as ARQ (formerly DolarApp), Littio and Bitso. Its offering includes international transactions, yield on balances of up to 8% EA, and fractional investing starting at $6 in U.S. exchange listed stocks, ETFs and crypto assets.

"We raised $3 million for an operation that already moves more than $3.1 billion a year. We didn't need capital to grow in Colombia, we raised it to accelerate and bring the model to new markets," Peláez said.