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Mexican Fintech Kapital Secures $40M in Series B Funding Round

Additionally, the financial platform has announced the closure of a $125 million debt agreement.

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Mexican Fintech Kapital Secures $40M in Series B Funding Round
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Image of Kapital’s founders, Mexican fintech. El Referente Newspaper Kapital, the Mexican fintech that facilitates access to loans and provides a payment and collection platform, has received $40 million in the closing of its Series B funding round. The operation was led by Tribe Capital and saw the participation of Cervin Ventures, Tru Arrow Partners, MS&AD Ventures, and Alumni Ventures, among other investors.

Read more: AI Insights: Navigating 2024’s Global Economic Landscape

This investment round is complemented by the closure of a debt agreement that provides the Mexican startup with $125 million. With this capital infusion, the fintech can expand throughout Mexico and grow in other Latin American markets.

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“We are happy to share the news of this new round of financing. Kapital’s commitment remains firm; we will continue to empower businesses to grow,” explained the company in a statement, taking the opportunity to thank its team, customers, and partners for being part of this achievement.

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