IGNIA

IGNIA is a Mexico based early-to-late stage venture capital firm that invests in innovative solutions for the emerging middle class, representing 70% of the population. Founded in 2007, IGNIA has two funds with US$200 million capital raised. IGNIA invests in sectors such as healthcare, fintech, financial services, education and basic services.

Andres Ibarra

Associate

Rodríguez Morales, Gerardo

Associate

67 past transactions

Random Games

Seed Round in 2022
Random Games is a game development platform designed to revolutionize the relationship between gamers and game developers. Their platform utilizes non-fungible tokens to offer funding opportunities to gamers in the metaverse through a combination of community empowerment and blockchain technology, enabling gamers to generate added value for the game developer by leveraging opportunities provided by the crypto industry.

Kontempo

Seed Round in 2022
Kontempo provides embedded payment solutions for B2B e-commerce. Its API's make it easy to offer alternative payment methods, such as BNPL and interest-free installments, to your B2B clients.

UnDosTres

Series B in 2022
UnDosTres is transforming the consumer payments sector in Mexico with its innovative online payment platform. This platform provides secure and reliable payment options for a wide range of services, including mobile and DTH recharges, utility bills such as electricity and water, and entertainment purchases like movie tickets. Users can conveniently make transactions using credit and debit cards, bank transfers, and digital wallets, simplifying the online payment process. As one of the fastest-growing startups in the country, UnDosTres has earned recognition as the Best Fintech Startup in Emerging Markets, highlighting its significant impact on the financial technology landscape in Mexico.

Abra

Series C in 2021
Abra is a digital cash, peer-to-peer money transfer network that enables users to buy, sell, and hold bitcoin, as well as send both bitcoin and fiat currencies to any bitcoin wallet or other Abra users. Founded in 2014 by Bill Barhydt, the company leverages bitcoin and blockchain technology to facilitate transactions in over 50 currencies. Abra aims to provide a secure and instant method for transferring money, allowing users to do so without incurring fees through its mobile platform. Based in Silicon Valley, Abra is focused on transforming the way money moves globally.

ProducePay

Series C in 2021
Produce Pay was first conceived at Cornell University. With strong support from experienced faculty and the student body, it was able to rapidly gain momentum. Produce Pay obtained recognition from Cornell’s entrepreneurial community and was soon dubbed "The Next Johnson Start-Up," in reference to Cornell’s S.C. Johnson Graduate School of Management.

Nuvemshop

Series C in 2020
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

Fondeadora

Series A in 2020
Fondeadora de México S.A.P.I. de C.V. operates a crowdfunding platform that connects entrepreneurs with funding for various projects, including those in arts, culture, technology, and social initiatives. Founded in 2011, the company is headquartered in Mexico City. In addition to its crowdfunding services, Fondeadora has developed a digital banking solution designed to streamline financial transactions and enhance user experience. Its primary offering includes a mobile app linked to a no-fee debit card, which allows users to manage their finances efficiently. This combination of crowdfunding and digital banking positions Fondeadora as a versatile player in the financial services sector, catering to diverse funding needs while addressing inefficiencies in traditional banking.

Fondeadora

Series A in 2020
Fondeadora de México S.A.P.I. de C.V. operates a crowdfunding platform that connects entrepreneurs with funding for various projects, including those in arts, culture, technology, and social initiatives. Founded in 2011, the company is headquartered in Mexico City. In addition to its crowdfunding services, Fondeadora has developed a digital banking solution designed to streamline financial transactions and enhance user experience. Its primary offering includes a mobile app linked to a no-fee debit card, which allows users to manage their finances efficiently. This combination of crowdfunding and digital banking positions Fondeadora as a versatile player in the financial services sector, catering to diverse funding needs while addressing inefficiencies in traditional banking.

OFI

Convertible Note in 2020
OFI is a Colombian company founded in 2014 and headquartered in Bogota. It operates a B2B portal that specializes in providing a range of products, including stationery, software, and hardware. The company focuses on delivering technology solutions tailored to the needs of small, medium, and large enterprises. By offering this diverse array of products, OFI aims to support businesses in their operational needs and enhance their productivity.

Regalii

Series B in 2020
Arcus Financial Intelligence, Inc. operates an API platform designed for banks and financial institutions, focusing on managing consumer bills and financial data. Founded in 2012 and based in New York, the company provides real-time bill management and payment services, allowing users to understand their financial obligations, including the number of bills, amounts owed, and due dates. Initially established as a cross-border bill payment provider under the name Regalii, the company shifted its focus in 2016 to enhance bill payment data services in the domestic market, introducing products such as xData and xChange. Arcus has established partnerships with notable fintech mobile payment applications, including Santander and Walmart, enabling accessible payment solutions through its multi-rail payment platform. The company has successfully raised significant funding over the years, attracting investments from prominent venture capital firms and Y Combinator.

Regalii

Series A in 2020
Arcus Financial Intelligence, Inc. operates an API platform designed for banks and financial institutions, focusing on managing consumer bills and financial data. Founded in 2012 and based in New York, the company provides real-time bill management and payment services, allowing users to understand their financial obligations, including the number of bills, amounts owed, and due dates. Initially established as a cross-border bill payment provider under the name Regalii, the company shifted its focus in 2016 to enhance bill payment data services in the domestic market, introducing products such as xData and xChange. Arcus has established partnerships with notable fintech mobile payment applications, including Santander and Walmart, enabling accessible payment solutions through its multi-rail payment platform. The company has successfully raised significant funding over the years, attracting investments from prominent venture capital firms and Y Combinator.

Lentesplus

Series D in 2020
Lentesplus.com is a prominent e-commerce platform that specializes in the sale of contact lenses, transforming the Latin American market by offering competitive prices that are typically 20% to 30% lower than industry standards. The company operates in Colombia, Mexico, Chile, and Argentina, focusing on delivering a seamless shopping experience. Customers can easily order contact lenses and, in many cases, receive their products on the same day. Lentesplus also emphasizes customer service by simplifying the reordering process to just two clicks. Additionally, the platform assists customers in obtaining accurate visual exams from specialists to ensure the correct fit and specifications of their lenses, thereby enhancing the overall shopping experience.

Virket

Seed Round in 2020
VIRKET is a digital technology and services powerhouse that delivers local business success at scale. With more than 500,000 digital solutions delivered over 20 countries, VIRKET has a proven track record since 2009 on successfully digitizing the local business ecosystem across the U.S. Hispanic and Latin America markets through a network of large enterprise Channel Partners in various sectors.

UnDosTres

Convertible Note in 2019
UnDosTres is transforming the consumer payments sector in Mexico with its innovative online payment platform. This platform provides secure and reliable payment options for a wide range of services, including mobile and DTH recharges, utility bills such as electricity and water, and entertainment purchases like movie tickets. Users can conveniently make transactions using credit and debit cards, bank transfers, and digital wallets, simplifying the online payment process. As one of the fastest-growing startups in the country, UnDosTres has earned recognition as the Best Fintech Startup in Emerging Markets, highlighting its significant impact on the financial technology landscape in Mexico.

Fondeadora

Venture Round in 2019
Fondeadora de México S.A.P.I. de C.V. operates a crowdfunding platform that connects entrepreneurs with funding for various projects, including those in arts, culture, technology, and social initiatives. Founded in 2011, the company is headquartered in Mexico City. In addition to its crowdfunding services, Fondeadora has developed a digital banking solution designed to streamline financial transactions and enhance user experience. Its primary offering includes a mobile app linked to a no-fee debit card, which allows users to manage their finances efficiently. This combination of crowdfunding and digital banking positions Fondeadora as a versatile player in the financial services sector, catering to diverse funding needs while addressing inefficiencies in traditional banking.

Kinedu

Series A in 2019
Kinedu is an app that provides fun and age-based daily activity ideas to do with your little one. Each activity targets a key developmental area, helping your baby reach every milestone.

Sr.Pago

Convertible Note in 2019
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Takeoff

Series C in 2019
Takeoff Technologies Inc. specializes in automated grocery fulfillment systems designed to enhance online grocery shopping for retailers. Founded in 2016 and headquartered in Waltham, Massachusetts, the company connects retailers with real estate and automation technologies to streamline the grocery shopping experience. Its innovative platform, developed with input from grocery operators, enables retailers to efficiently fulfill orders using robotic systems in micro-fulfillment centers. This approach not only reduces last-mile and assembly costs but also allows grocers to adapt and grow alongside their customers in the rapidly evolving e-grocery market. Takeoff has established a strategic partnership with Albertsons Companies to further its impact in the industry.

Covalto

Series B in 2019
Credijusto provides an online lending platform designed to offer easy, reliable, and transparent credit for SMEs. Its platform offers credit models that are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history, enabling small businesses to obtain accessible credits in a fraction of the time and effort and grow their business. The company's credit models are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history. The company was founded in 2015 and is based in Mexico City.

OFI

Series B in 2019
OFI is a Colombian company founded in 2014 and headquartered in Bogota. It operates a B2B portal that specializes in providing a range of products, including stationery, software, and hardware. The company focuses on delivering technology solutions tailored to the needs of small, medium, and large enterprises. By offering this diverse array of products, OFI aims to support businesses in their operational needs and enhance their productivity.

Apli

Seed Round in 2019
Apli is an online recruitment platform based in Mexico City, established in 2016. It connects job seekers with suitable employment opportunities by allowing users to create personalized profiles that match their schedules, including part-time and weekend shifts. The platform caters to a variety of roles, such as waiters, chefs, bartenders, and sales personnel. Apli enhances the recruiting process through the use of artificial intelligence, employing chatbots and machine learning tools to effectively match candidates with specific job openings. This approach enables organizations to streamline their hiring processes and find qualified applicants more easily.

Afluenta

Series C in 2019
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Abra

Series C in 2019
Abra is a digital cash, peer-to-peer money transfer network that enables users to buy, sell, and hold bitcoin, as well as send both bitcoin and fiat currencies to any bitcoin wallet or other Abra users. Founded in 2014 by Bill Barhydt, the company leverages bitcoin and blockchain technology to facilitate transactions in over 50 currencies. Abra aims to provide a secure and instant method for transferring money, allowing users to do so without incurring fees through its mobile platform. Based in Silicon Valley, Abra is focused on transforming the way money moves globally.

Abra

Series B in 2019
Abra is a digital cash, peer-to-peer money transfer network that enables users to buy, sell, and hold bitcoin, as well as send both bitcoin and fiat currencies to any bitcoin wallet or other Abra users. Founded in 2014 by Bill Barhydt, the company leverages bitcoin and blockchain technology to facilitate transactions in over 50 currencies. Abra aims to provide a secure and instant method for transferring money, allowing users to do so without incurring fees through its mobile platform. Based in Silicon Valley, Abra is focused on transforming the way money moves globally.

Fondeadora

Seed Round in 2019
Fondeadora de México S.A.P.I. de C.V. operates a crowdfunding platform that connects entrepreneurs with funding for various projects, including those in arts, culture, technology, and social initiatives. Founded in 2011, the company is headquartered in Mexico City. In addition to its crowdfunding services, Fondeadora has developed a digital banking solution designed to streamline financial transactions and enhance user experience. Its primary offering includes a mobile app linked to a no-fee debit card, which allows users to manage their finances efficiently. This combination of crowdfunding and digital banking positions Fondeadora as a versatile player in the financial services sector, catering to diverse funding needs while addressing inefficiencies in traditional banking.

Virket

Seed Round in 2019
VIRKET is a digital technology and services powerhouse that delivers local business success at scale. With more than 500,000 digital solutions delivered over 20 countries, VIRKET has a proven track record since 2009 on successfully digitizing the local business ecosystem across the U.S. Hispanic and Latin America markets through a network of large enterprise Channel Partners in various sectors.

Rapyd

Series B in 2019
Rapyd is a mobile financial network that makes the world’s favorite ways to pay and be paid instantly available through a single API and SDK. Its platform and API brings together local financial specialists from every corner of the world to make the 100s of ways people pay available around the world. It enables ecommerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and even traditional banks to break free of their old infrastructure and limitations and create new mobile-friendly solutions.

Regalii

Series A in 2018
Arcus Financial Intelligence, Inc. operates an API platform designed for banks and financial institutions, focusing on managing consumer bills and financial data. Founded in 2012 and based in New York, the company provides real-time bill management and payment services, allowing users to understand their financial obligations, including the number of bills, amounts owed, and due dates. Initially established as a cross-border bill payment provider under the name Regalii, the company shifted its focus in 2016 to enhance bill payment data services in the domestic market, introducing products such as xData and xChange. Arcus has established partnerships with notable fintech mobile payment applications, including Santander and Walmart, enabling accessible payment solutions through its multi-rail payment platform. The company has successfully raised significant funding over the years, attracting investments from prominent venture capital firms and Y Combinator.

Lentesplus

Series C in 2018
Lentesplus.com is a prominent e-commerce platform that specializes in the sale of contact lenses, transforming the Latin American market by offering competitive prices that are typically 20% to 30% lower than industry standards. The company operates in Colombia, Mexico, Chile, and Argentina, focusing on delivering a seamless shopping experience. Customers can easily order contact lenses and, in many cases, receive their products on the same day. Lentesplus also emphasizes customer service by simplifying the reordering process to just two clicks. Additionally, the platform assists customers in obtaining accurate visual exams from specialists to ensure the correct fit and specifications of their lenses, thereby enhancing the overall shopping experience.

UnDosTres

Series A in 2018
UnDosTres is transforming the consumer payments sector in Mexico with its innovative online payment platform. This platform provides secure and reliable payment options for a wide range of services, including mobile and DTH recharges, utility bills such as electricity and water, and entertainment purchases like movie tickets. Users can conveniently make transactions using credit and debit cards, bank transfers, and digital wallets, simplifying the online payment process. As one of the fastest-growing startups in the country, UnDosTres has earned recognition as the Best Fintech Startup in Emerging Markets, highlighting its significant impact on the financial technology landscape in Mexico.

Takeoff

Series B in 2018
Takeoff Technologies Inc. specializes in automated grocery fulfillment systems designed to enhance online grocery shopping for retailers. Founded in 2016 and headquartered in Waltham, Massachusetts, the company connects retailers with real estate and automation technologies to streamline the grocery shopping experience. Its innovative platform, developed with input from grocery operators, enables retailers to efficiently fulfill orders using robotic systems in micro-fulfillment centers. This approach not only reduces last-mile and assembly costs but also allows grocers to adapt and grow alongside their customers in the rapidly evolving e-grocery market. Takeoff has established a strategic partnership with Albertsons Companies to further its impact in the industry.

GoTrendier

Series B in 2018
Gotrendier.com.co is a platform to sell the clothes that you no longer use and to buy in the closet of other girls throughout Colombia. Posting your products on gotrendier.com.co is completely free! They are sure that in your closet you have many fashion garments that you have not even put on, or that are new, even with a label. At GoTrendier we give you the opportunity to sell these items and earn money. In addition, you can buy clothes from other users, and find your new favorites

Kinedu

Series A in 2018
Kinedu is an app that provides fun and age-based daily activity ideas to do with your little one. Each activity targets a key developmental area, helping your baby reach every milestone.

Rapyd

Series B in 2018
Rapyd is a mobile financial network that makes the world’s favorite ways to pay and be paid instantly available through a single API and SDK. Its platform and API brings together local financial specialists from every corner of the world to make the 100s of ways people pay available around the world. It enables ecommerce merchants, gig platforms, challenger wallets, remittance platforms, online lenders, and even traditional banks to break free of their old infrastructure and limitations and create new mobile-friendly solutions.

Covalto

Series A in 2018
Credijusto provides an online lending platform designed to offer easy, reliable, and transparent credit for SMEs. Its platform offers credit models that are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history, enabling small businesses to obtain accessible credits in a fraction of the time and effort and grow their business. The company's credit models are focused on the health of each business, focusing on overall performance, rather than considering only the owner's personal credit history. The company was founded in 2015 and is based in Mexico City.

GoTrendier

Seed Round in 2018
Gotrendier.com.co is a platform to sell the clothes that you no longer use and to buy in the closet of other girls throughout Colombia. Posting your products on gotrendier.com.co is completely free! They are sure that in your closet you have many fashion garments that you have not even put on, or that are new, even with a label. At GoTrendier we give you the opportunity to sell these items and earn money. In addition, you can buy clothes from other users, and find your new favorites

Sr.Pago

Series B in 2018
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Virket

Seed Round in 2018
VIRKET is a digital technology and services powerhouse that delivers local business success at scale. With more than 500,000 digital solutions delivered over 20 countries, VIRKET has a proven track record since 2009 on successfully digitizing the local business ecosystem across the U.S. Hispanic and Latin America markets through a network of large enterprise Channel Partners in various sectors.

DogHero

Series B in 2017
DogHero, Ltd. develops and operates a peer-to-peer platform connecting pet owners with trusted sitters. The company operates a marketplace for boarding pets while owners are away. The company was founded in 2014 and is headquartered in Sao Paulo, Brazil. As of October 26, 2020, DogHero, Ltd. operated as a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.

Regalii

Series A in 2017
Arcus Financial Intelligence, Inc. operates an API platform designed for banks and financial institutions, focusing on managing consumer bills and financial data. Founded in 2012 and based in New York, the company provides real-time bill management and payment services, allowing users to understand their financial obligations, including the number of bills, amounts owed, and due dates. Initially established as a cross-border bill payment provider under the name Regalii, the company shifted its focus in 2016 to enhance bill payment data services in the domestic market, introducing products such as xData and xChange. Arcus has established partnerships with notable fintech mobile payment applications, including Santander and Walmart, enabling accessible payment solutions through its multi-rail payment platform. The company has successfully raised significant funding over the years, attracting investments from prominent venture capital firms and Y Combinator.

VISOR ADL

Seed Round in 2017
Visor ADL, S.A.P.I. de C.V. is a Mexico City-based company that specializes in developing a loan originator and customer management platform tailored for financial institutions. Founded in 2015, the company provides a range of services including customer management, dynamic risk analytics, proactive loan placement, and dynamic portfolio management. Visor ADL aims to empower enterprises by offering data and insights to facilitate critical financing and trade decisions related to private companies. The company is focused on building a comprehensive Enterprise Health Bureau in e-invoicing countries and operates in both Mexico and Brazil. It is backed by several venture capital firms, highlighting its commitment to innovation in the financial sector.

Abra

Series B in 2017
Abra is a digital cash, peer-to-peer money transfer network that enables users to buy, sell, and hold bitcoin, as well as send both bitcoin and fiat currencies to any bitcoin wallet or other Abra users. Founded in 2014 by Bill Barhydt, the company leverages bitcoin and blockchain technology to facilitate transactions in over 50 currencies. Abra aims to provide a secure and instant method for transferring money, allowing users to do so without incurring fees through its mobile platform. Based in Silicon Valley, Abra is focused on transforming the way money moves globally.

Bind ERP

Series A in 2017
Small businesses are the backbone of the Mexican economy and Bind ERP is helping them thrive, through the use of technology. We want to change the game for small businesses by offering them better tools and information that fuels their growth and competitiveness. <a href="http://www.bind.com.mx">www.bind.com.mx</a>

Underdog

Seed Round in 2017
Underdog specializes in assisting companies with their digital transformation needs, focusing on the sports industry. The firm distinguishes itself through its unique content creation and creative capabilities, which are tailored to meet the diverse goals of its clients. By collaborating closely with a variety of organizations, Underdog aims to enhance their digital strategies and overall performance, ensuring they effectively navigate the evolving landscape of sports and entertainment.

Apli

Seed Round in 2017
Apli is an online recruitment platform based in Mexico City, established in 2016. It connects job seekers with suitable employment opportunities by allowing users to create personalized profiles that match their schedules, including part-time and weekend shifts. The platform caters to a variety of roles, such as waiters, chefs, bartenders, and sales personnel. Apli enhances the recruiting process through the use of artificial intelligence, employing chatbots and machine learning tools to effectively match candidates with specific job openings. This approach enables organizations to streamline their hiring processes and find qualified applicants more easily.

Lentesplus

Series B in 2017
Lentesplus.com is a prominent e-commerce platform that specializes in the sale of contact lenses, transforming the Latin American market by offering competitive prices that are typically 20% to 30% lower than industry standards. The company operates in Colombia, Mexico, Chile, and Argentina, focusing on delivering a seamless shopping experience. Customers can easily order contact lenses and, in many cases, receive their products on the same day. Lentesplus also emphasizes customer service by simplifying the reordering process to just two clicks. Additionally, the platform assists customers in obtaining accurate visual exams from specialists to ensure the correct fit and specifications of their lenses, thereby enhancing the overall shopping experience.

Afluenta

Series B in 2017
Afluenta S.A. operates social network for managing and offering peer-to-peer lending and loans. The company was founded in 2008 and is based in Buenos Aires, Argentina.

Nuvemshop

Series B in 2017
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

KarmaPulse

Seed Round in 2017
Karmapulse helps brands, companies, agencies and entrepreneurs in the Spanish speaking market to translate social data in to human experiences. They enable their clients to understand, analyse, interpret, compare and expose social media interaction in realtime so they can connect and interact with their audience, with their two different products KarmaMetrics and KarmaBoards.

Sr.Pago

Series A in 2017
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Rocket.La

Convertible Note in 2017
We provide value to our users through free financial advising. We are able to prepare personalized financial product suggestions for our customers, which are based on data we collect from the Credit Bureau and other alternative sources.

Airtm

Seed Round in 2017
Airtm is an online platform that facilitates monetary transactions, allowing individuals to send, receive, or save money in a USD-denominated account. Founded in 2015, the company aims to help users, particularly in developing regions, manage currency devaluation and access financial services. Airtm connects clients with certified cashiers, who assist in depositing or withdrawing funds, earning a commission for their services. The platform operates as an e-wallet integrated with over 300 bank and e-money systems through a peer-to-peer network, enabling users to hold their funds in either dollars or cryptocurrency and conduct transactions both domestically and internationally. With headquarters in Mexico City and San Francisco, Airtm is a registered money service business in the United States.

Pangea Money Transfer

Series B in 2016
Pangea Money Transfer is an award-winning mobile-centric money transfer platform that allows on-the-go users to send money from the U.S. to 15 countries across Latin America and Asia in less than 30 seconds -- all for a low flat fee. Receivers can collect the cash at thousands of retail locations or have it directly deposited into any bank account or onto a debit card. The company was founded in 2012 and is headquartered in Chicago, Illinois.

Sr.Pago

Seed Round in 2016
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.

Underdog

Seed Round in 2016
Underdog specializes in assisting companies with their digital transformation needs, focusing on the sports industry. The firm distinguishes itself through its unique content creation and creative capabilities, which are tailored to meet the diverse goals of its clients. By collaborating closely with a variety of organizations, Underdog aims to enhance their digital strategies and overall performance, ensuring they effectively navigate the evolving landscape of sports and entertainment.

Procesa Chiapas

Venture Round in 2016
Procesa Chiapas has developed products with high nutritional value for different markets, including low-income children who are served through government food assistance programs.

Procesa Chiapas

Series C in 2013
Procesa Chiapas has developed products with high nutritional value for different markets, including low-income children who are served through government food assistance programs.

Provive

Venture Round in 2011
Provive acquires, refurbishes, and sells foreclosed homes in low-income housing developments while working with communities to reestablish active neighbor participation in its revitalization process.

Ver de Verdad

Series B in 2011
Ver de Verdad is developing a chain of small eye-care shops to provide low income populations with high quality affordable eye glasses. The company plans to quickly establish a significant market presence by leveraging four competitive advantages: low price, 45 minute delivery, convenient locations, and the right product mix.

Lumbrera

Series B in 2011
MiMoni is an online platform that provides its users with personal loans. It allows its users to apply for loans by filling and submitting an online application, and uploading the required documents. MiMoni analyzes submitted loan requests and approves them, enabling its users to get access to benefits provided by the platform. Users who get memberships are able to ask for loans whenever they need and when they have settled their previous loans. It allows its users to make biweekly payments based on the amounts they have received as loans at authorized places such as Oxxo, Bancomer, Banamex, and Banorte.

Agua Natural

Venture Round in 2011
24/7 access to home purified water through a distribution network.

Barared

Venture Round in 2010
Mexico’s first banking correspondent administrator developing a branchless banking network in low-income mom and pop stores.

Lumbrera

Series A in 2010
MiMoni is an online platform that provides its users with personal loans. It allows its users to apply for loans by filling and submitting an online application, and uploading the required documents. MiMoni analyzes submitted loan requests and approves them, enabling its users to get access to benefits provided by the platform. Users who get memberships are able to ask for loans whenever they need and when they have settled their previous loans. It allows its users to make biweekly payments based on the amounts they have received as loans at authorized places such as Oxxo, Bancomer, Banamex, and Banorte.

MeXvi

Venture Round in 2010
MeXvi is a leading provider of integral solutions for assisted self-construction of affordable homes in rural and semi-urban settings. Since its inception in 2006 MeXvi has participated in the self-construction of 4,900 homes in rural and semi-urban areas in 15 states of Mexico, and has further collaborated in the reconstruction of several devastated communities improving the lives of approximately 25,000 individuals.

IGNIA Shared Services

Venture Round in 2008
IGNIA Shared Services (ISS), a wholly-owned subsidiary of the IGNIA Fund, provides for the administrative, transactional processing and back-office needs of small and medium enterprises (SMEs)—including most of the IGNIA’s portfolio companies—that allow entrepreneurs and business owners to focus on what they know best: their core business. ISS’ core competency is the establishment and implementation of effective and efficient administrative platforms capable of sustaining dramatic growth. Scalability for nascent enterprises is critical, and depends highly on transactional effectiveness and the ability to deliver high volumes of goods and services at optimal per-unit prices. Without an appropriate administrative platform, the potential of even the most innovative business concepts will remain unfulfilled.

Primedic

Series A in 2008
Primedica is a healthcare provider for the base of the pyramid in Mexico.

IGNIA

Venture Round in 2008
IGNIA is a Mexico based early-to-late stage venture capital firm that invests in innovative solutions for the emerging middle class, representing 70% of the population. Founded in 2007, IGNIA has two funds with US$200 million capital raised. IGNIA invests in sectors such as healthcare, fintech, financial services, education and basic services.