Elevar Equity
Elevar Equity, established in 2006, is a private equity and venture capital firm that invests in early-stage and growth equity opportunities. It focuses on emerging markets, particularly in South East Asia and Latin America, with a strong presence in India, Peru, Brazil, Indonesia, and the Philippines. Elevar Equity specializes in investing in companies that provide essential products and services, such as financial services, education, healthcare, and housing, to underserved communities at the base of the pyramid. It also invests in the Fintech sector, education and employability, market linkages, and MSMEs. The firm takes both minority and majority stakes in companies and considers long-term investments. Elevar Equity is headquartered in Seattle, Washington, with additional offices in San Francisco, Bangalore, Ebene, Bogota, and Mexico City.
Bankingly
Series A in 2018
Bankingly is a fintech company founded in 2015 and headquartered in Montevideo, Uruguay. It offers software as a service (SaaS) to financial institutions, enabling them to provide internet-based banking services through various digital channels, including mobile and online banking as well as conversational banking. Bankingly's mission is to enhance financial inclusion for underbanked and lower-income customers in emerging markets. The company's cloud-hosted technologies allow financial institutions to adjust their costs based on the number of active users, ensuring a scalable and efficient model. The platform includes a mobile application, transactional website, chatbot, and other tools that facilitate secure digital banking transactions and effective client communication. With over 1,500,000 users across more than 100 entities, Bankingly is committed to helping financial organizations grow and adapt to the evolving digital landscape.
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