In 2002 Teijeiro founded
Fnbox, a Latin American company builder organized as a
holding company that launched and managed various
online businesses. With the purpose of growing its global audience, between 2003 and 2007, Fnbox launched Cumplealerta.com (a birthdate alert service), Tarjetasbubba.com and TuPostal.com (two
E-card services) and Flodeo.com (an
image hosting service). In July 2007 Fnbox launched
Sonico.com, a free-access social networking website oriented toward the Latin American audiences. As an early mover in the Latin American social space, Sonico registered 4.4 million users in its first year. Fnbox immediately raised $4.3 million in financing from
venture capital and
angel investors and brought Sonico to
Brazil, the largest consumer market in Latin America. One year after its foundation, Sonico had a staff of 88 people and claimed to be adding some 110,000 new users every day with more than 20 million registered users in total. In 2010 Fnbox bought Cupónica.com, a
coupon site to offer
daily deals to its customers, and launched Datam.com, an online
advertising service to help businesses reach targeted audiences, and Winkal.com, an entertainment platform. In August 2014, after reaching 55 million registered users, Sonico was sold to
Match.com. As of February 22, 2018, RecargaPay received a total funding of $33,153,334 from various investors such as
Martín Varsavsky,
Fabrice Grinda and the
International Finance Corporation. == References ==