Malga is an API to accept payments with multiple payment providers. Malga gives digital businesses access to multiple payments services through a single integration, and the ability to change between them on a transaction-to-transaction basis without writing code.
Influur is a professional networking platform that connects influencers with brands for marketing collaborations. It operates as a data-driven platform, enhancing decision-making for brands through algorithms that streamline influencer marketing campaigns from start to finish.
Aviva is developing an AI-driven digital bank focused on serving underbanked communities in Latin America. Initially targeting Mexico's unsecured credit market, Aviva offers inclusive financial services through innovative physical onboarding kiosks and novel AI-based risk models.
Escala
Venture Round in 2024
Escala provides an integrated CRM platform that helps businesses optimize their marketing and sales processes. Its platform includes tools for customer relationship management, email marketing, landing pages, and automation.
Polaroo
Convertible Note in 2024
Polaroo develops an AI-powered asset service management platform for asset-intensive companies, integrating a proprietary multimodal hybrid technology that operates at the core of client operations to improve efficiency, reveal actionable insights, and optimize asset performance while delivering a high-touch customer experience that supports sustainable growth and cost reduction. The company also offers a digital payments platform that unifies and manages domiciled expenses such as internet, water, and gas, enabling the registration of regular services, centralized bill payments, data aggregation for market research, and the personalization of services for customers.
Novel Capital
Seed Round in 2024
Novel Capital is a fintech funding platform that provides non-dilutive, revenue-based financing to B2B software companies. It centers on future recurring revenue, enabling entrepreneurs to access capital immediately without giving up equity. The platform pairs capital with data-driven insights and learning resources to help growth-stage businesses accelerate scale. Using key company data points and financial metrics, it delivers capital, resources, and strategic support tailored to recurring-revenue models, helping ventures grow faster while preserving ownership. The company aims to support entrepreneurs and growing businesses with flexible funding solutions aligned to revenue streams and momentum, contributing to a thriving startup ecosystem.
Worky develops employee-centric HR software that automates HR activities and benefits. Its platform securely calculates payroll accurately, ensuring all HR processes are consolidated in one place.
Fairgen
Seed Round in 2024
Fairgen is a software tool designed to identify and mitigate bias in machine learning algorithms and their underlying datasets. It operates independently of platforms, making it easy to integrate into existing systems. Fairgen's automated processes ensure fair treatment for all customers by detecting and correcting biases.
Reuse operates an online marketplace for buying and selling refurbished electronics in Latin America. Its platform offers a range of reconditioned devices such as smartphones, laptops, and accessories, all having undergone quality checks to ensure functionality.
Piper
Pre Seed Round in 2023
Piper is a next-gen sales productivity and intelligence solution that puts AI to work for both sales reps and sales managers.
Through its advanced interpretation of sales conversations from video calls, emails and audio notes, Piper automatically populates deal-related fields in the CRM, freeing up sales capacity and ensuring unbiased, high quality data.
Piper further lightens the daily workload of salespeople by assisting through every stage of the client engagement: enhancing meeting prep, drafting follow-up emails, scheduling the next call, and more.
For sales reps, Piper is a game-changer, letting them focus on selling without the admin drag. For sales directors and revenue ops, Piper provides top-notch data insights into the sales pipeline, enhancing sales forecasting and data-driven decision-making.
Erudit is a technology company offering an AI-powered platform that monitors employee well-being and engagement. The platform analyzes real-time employee data using semantic personality analysis and big data methods to determine burnout risk, engagement levels, and departmental friction. It translates these insights into actionable guidance for executives to reduce turnover and improve team performance. By tracking sentiment and risk indicators across the organization, Erudit helps create healthier, more productive work environments and supports talent retention.
Nocnoc is a cross-border e-commerce platform that connects global sellers with Latin American marketplaces and serves merchants and final customers. The company provides integrated logistics, marketing services, and technology to help international brands reach Latin American consumers through a single platform. It supports Latin American marketplaces entering cross-border commerce and enables sellers to increase volumes by delivering a domestic-feeling shopping experience, regardless of product origin. Nocnoc combines its software with a team of local experts to analyze supply and market demand, optimize pricing and conversions, and streamline listings across multiple marketplaces, reaching millions of consumers each month. Founded in 2017, Nocnoc is based in Montevideo, Uruguay.
Vendi
Pre Seed Round in 2023
9 of 10 founders don’t have a background in sales. 2 of 3 struggle to scale up sales beyond their existing network.
Building a team is too expensive. No time or skills to do it yourself.
Vendi AI is your sales superpower, giving you full access to your entire market, ensures you know everything to win every deal and makes you take the right action at the right time.
Vendi's superpowers unlock the true potential of founders.
Polaroo
Seed Round in 2023
Polaroo develops an AI-powered asset service management platform for asset-intensive companies, integrating a proprietary multimodal hybrid technology that operates at the core of client operations to improve efficiency, reveal actionable insights, and optimize asset performance while delivering a high-touch customer experience that supports sustainable growth and cost reduction. The company also offers a digital payments platform that unifies and manages domiciled expenses such as internet, water, and gas, enabling the registration of regular services, centralized bill payments, data aggregation for market research, and the personalization of services for customers.
Random Games
Seed Round in 2022
Random Games is a game development platform that aims to revolutionize the relationship between gamers and game developers. The platform uses non-fungible tokens to offer funding opportunities to gamers in the metaverse, combining community empowerment with blockchain technology to enable gamers to generate added value for game developers by leveraging opportunities in the crypto industry.
Kontempo
Seed Round in 2022
Kontempo is a B2B payments platform tailored for Mexico's industrial sector. It enables wholesalers, manufacturers, and distributors to offer flexible payment terms, including credit and installments, to their customers via user-friendly software powered by advanced APIs and AI-driven risk models.
UnDosTres
Series B in 2022
UnDosTres operates an online payments platform in Mexico that enables users to pay for a wide range of services, including mobile and TV recharges, electricity and water bills, movie tickets, and other utilities, using credit and debit cards, bank transfers, or digital wallets. The platform emphasizes security and reliability in online transactions and aims to streamline payments by consolidating diverse services into a single interface. It is widely regarded as a leading and fast-growing fintech in Mexico.
Lentesplus
Series E in 2021
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.
Abra is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
ProducePay
Series C in 2021
ProducePay, founded by Pablo Borquez Schwarzbeck, is an AgTech company dedicated to transforming the fresh produce supply chain. By addressing the economic and food waste caused by its volatility and fragmentation, ProducePay offers a Predictable Commerce Platform that enhances connectivity between growers and buyers. This platform provides farmers with immediate access to financing, liquidity, and real-time pricing data, fostering transparency and enabling efficient business operations. Additionally, it facilitates connections with key industry players, allowing farmers to access tailored cash flow services. Through these innovations, ProducePay is committed to delivering fresher produce to consumers while promoting sustainable practices within the global fresh produce industry.
Nuvemshop
Series C in 2020
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online businesses 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 is a Mexico City-based provider of digital banking services that aims to reduce inefficiencies of traditional banking. The company offers a mobile app and an international debit solution, including a physical MasterCard and a virtual card, to pay, store, and transfer money, manage expenses, and receive real-time notifications. The service is designed to be low-friction and free of commissions and paperwork. In addition to core banking features, it operates a crowdfunding-style platform that enables customers and businesses to monitor funds and securely raise funding.
OFI
Convertible Note in 2020
Founded in Bogota, Colombia by Peter Otroske in April 2014, OFI specializes in providing technology solutions to businesses of varying sizes. It operates a B2B portal offering stationery, software, and hardware products.
Arcus Financial Intelligence
Series A in 2020
Arcus Financial Intelligence, Inc. is a New York-based company that develops and operates a comprehensive application program interface (API) platform tailored for banks and financial institutions. Founded in 2012 and formerly known as Regalii Inc., Arcus specializes in managing consumer bills and financial data. Its platform enables real-time bill management and payment services, providing users with a detailed overview of their financial obligations, including the number of bills, amounts owed, and due dates. Additionally, Arcus offers a multi-rail payment platform that facilitates accessible payment solutions for businesses, supporting various payment methods such as account-to-account transfers and cash transactions.
Lentesplus
Series D in 2020
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
UnDosTres
Convertible Note in 2019
UnDosTres operates an online payments platform in Mexico that enables users to pay for a wide range of services, including mobile and TV recharges, electricity and water bills, movie tickets, and other utilities, using credit and debit cards, bank transfers, or digital wallets. The platform emphasizes security and reliability in online transactions and aims to streamline payments by consolidating diverse services into a single interface. It is widely regarded as a leading and fast-growing fintech in Mexico.
Fondeadora
Venture Round in 2019
Fondeadora is a Mexico City-based provider of digital banking services that aims to reduce inefficiencies of traditional banking. The company offers a mobile app and an international debit solution, including a physical MasterCard and a virtual card, to pay, store, and transfer money, manage expenses, and receive real-time notifications. The service is designed to be low-friction and free of commissions and paperwork. In addition to core banking features, it operates a crowdfunding-style platform that enables customers and businesses to monitor funds and securely raise funding.
Kinedu is an educational technology company that provides personalized video-based developmental activities for children aged zero to five. Its platform aims to foster meaningful relationships between parents and children by promoting cognitive, social, linguistic, emotional, and physical growth during early childhood.
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 Technologies Inc., established in 2016 and headquartered in Waltham, Massachusetts, specializes in automated grocery fulfillment systems for online grocery retailers. Its platform integrates retailers, real estate, and automation technology, connecting them directly with consumers. Takeoff's strategic partnership with Albertsons Companies demonstrates its commitment to helping grocers succeed in the e-commerce landscape. By utilizing robots in micro fulfillment centers, Takeoff's system enables retailers to lower last-mile and assembly costs, providing them with the flexibility to grow and adapt to their customers' evolving needs.
Covalto is a Mexican financial services company that serves small and medium enterprises with credit, banking and analytics solutions. It offers a multi-product lending platform that provides agile and fair credit, factoring and leasing, complemented by a digital SME banking platform and a suite of business analytics tools. The company leverages digital tax, e-invoice and other financial data to underwrite and service SMes at scale, using credit models that emphasize overall business performance rather than relying solely on the owner's personal credit history. Covalto was founded in 2015 and is based in Mexico City. In 2021 it became the first fintech in Mexico to acquire a regulated bank, enabling expanded digital SME banking and services. The approach focuses on accessible credit that supports business growth through transparent, data-driven decisions.
Founded in Bogota, Colombia by Peter Otroske in April 2014, OFI specializes in providing technology solutions to businesses of varying sizes. It operates a B2B portal offering stationery, software, and hardware products.
Apli is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the U.S. The company operates an online end-to-end recruitment platform designed to facilitate the identification and hiring of suitable candidates. Apli leverages artificial intelligence technologies, including chatbots and machine learning, to enhance recruiting processes and effectively match qualified personnel with specific job openings. Its user-friendly solutions cater particularly to large enterprises with substantial numbers of frontline workers, ultimately aiming to boost workforce productivity and improve the overall experience for both candidates and employees.
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.
Abra is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
Fondeadora
Seed Round in 2019
Fondeadora is a Mexico City-based provider of digital banking services that aims to reduce inefficiencies of traditional banking. The company offers a mobile app and an international debit solution, including a physical MasterCard and a virtual card, to pay, store, and transfer money, manage expenses, and receive real-time notifications. The service is designed to be low-friction and free of commissions and paperwork. In addition to core banking features, it operates a crowdfunding-style platform that enables customers and businesses to monitor funds and securely raise funding.
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
Rapyd is a payments platform that integrates fintech services into applications, streamlining access to a variety of local payment methods. It empowers e-commerce merchants, gig platforms, challenger wallets, remittance services, online lenders, and traditional banks to overcome the constraints of outdated infrastructure. By facilitating the creation of innovative, mobile-friendly payment solutions, Rapyd enhances the financial capabilities of its users, allowing them to adapt to the evolving demands of the digital economy.
GoTrendier
Venture Round in 2019
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
Arcus Financial Intelligence
Series A in 2018
Arcus Financial Intelligence, Inc. is a New York-based company that develops and operates a comprehensive application program interface (API) platform tailored for banks and financial institutions. Founded in 2012 and formerly known as Regalii Inc., Arcus specializes in managing consumer bills and financial data. Its platform enables real-time bill management and payment services, providing users with a detailed overview of their financial obligations, including the number of bills, amounts owed, and due dates. Additionally, Arcus offers a multi-rail payment platform that facilitates accessible payment solutions for businesses, supporting various payment methods such as account-to-account transfers and cash transactions.
Lentesplus
Series C in 2018
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.
UnDosTres
Series A in 2018
UnDosTres operates an online payments platform in Mexico that enables users to pay for a wide range of services, including mobile and TV recharges, electricity and water bills, movie tickets, and other utilities, using credit and debit cards, bank transfers, or digital wallets. The platform emphasizes security and reliability in online transactions and aims to streamline payments by consolidating diverse services into a single interface. It is widely regarded as a leading and fast-growing fintech in Mexico.
Takeoff Technologies Inc., established in 2016 and headquartered in Waltham, Massachusetts, specializes in automated grocery fulfillment systems for online grocery retailers. Its platform integrates retailers, real estate, and automation technology, connecting them directly with consumers. Takeoff's strategic partnership with Albertsons Companies demonstrates its commitment to helping grocers succeed in the e-commerce landscape. By utilizing robots in micro fulfillment centers, Takeoff's system enables retailers to lower last-mile and assembly costs, providing them with the flexibility to grow and adapt to their customers' evolving needs.
GoTrendier
Series B in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
Kinedu is an educational technology company that provides personalized video-based developmental activities for children aged zero to five. Its platform aims to foster meaningful relationships between parents and children by promoting cognitive, social, linguistic, emotional, and physical growth during early childhood.
Rapyd is a payments platform that integrates fintech services into applications, streamlining access to a variety of local payment methods. It empowers e-commerce merchants, gig platforms, challenger wallets, remittance services, online lenders, and traditional banks to overcome the constraints of outdated infrastructure. By facilitating the creation of innovative, mobile-friendly payment solutions, Rapyd enhances the financial capabilities of its users, allowing them to adapt to the evolving demands of the digital economy.
Covalto is a Mexican financial services company that serves small and medium enterprises with credit, banking and analytics solutions. It offers a multi-product lending platform that provides agile and fair credit, factoring and leasing, complemented by a digital SME banking platform and a suite of business analytics tools. The company leverages digital tax, e-invoice and other financial data to underwrite and service SMes at scale, using credit models that emphasize overall business performance rather than relying solely on the owner's personal credit history. Covalto was founded in 2015 and is based in Mexico City. In 2021 it became the first fintech in Mexico to acquire a regulated bank, enabling expanded digital SME banking and services. The approach focuses on accessible credit that supports business growth through transparent, data-driven decisions.
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.
GoTrendier
Seed Round in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.
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 is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
Bind ERP is a cloud-based management and billing system designed for small and medium-sized businesses. The company provides tools that facilitate the management of various aspects of business operations, including purchases, sales, production, accounting, finance, and payroll. By offering a comprehensive platform, Bind ERP enables businesses to enhance their operational efficiency and streamline processes, ultimately supporting growth and digital transformation.
Finnovista
Venture Round in 2017
Finnovista is an accelerator and venture capital firm focused on transforming the financial services and insurance sectors by fostering collaboration between large corporations and startups in the fintech and insurtech industries. Established in 2012 and headquartered in Madrid, Spain, with an additional office in Mexico City, Finnovista offers a three-month acceleration program designed to support the growth of startups in Latin America and Spain. The firm is recognized as a key player in the startup ecosystem and is particularly active in investing in fintech innovations. Finnovista also organizes FINNOSUMMIT, a leading conference in the fintech and insurtech space in Latin America, and develops various corporate innovation programs in partnership with major financial institutions. Through these initiatives, Finnovista aims to empower entrepreneurs and promote financial inclusion by connecting them with essential resources and networks in the industry.
PENTA Football
Seed Round in 2017
PENTA Football specializes in the distribution of football highlights, providing fans with access to key moments from matches. The company focuses on leveraging its unique content creation capabilities to enhance the viewing experience in the sports industry. By collaborating with various partners, PENTA Football aims to meet diverse digital transformation needs, ensuring that the content remains engaging and relevant to audiences.
Apli is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the U.S. The company operates an online end-to-end recruitment platform designed to facilitate the identification and hiring of suitable candidates. Apli leverages artificial intelligence technologies, including chatbots and machine learning, to enhance recruiting processes and effectively match qualified personnel with specific job openings. Its user-friendly solutions cater particularly to large enterprises with substantial numbers of frontline workers, ultimately aiming to boost workforce productivity and improve the overall experience for both candidates and employees.
Lentesplus
Series B in 2017
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.
Nuvemshop
Series B in 2017
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online businesses 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 is a company that specializes in helping brands, companies, agencies, and entrepreneurs in the Spanish-speaking market translate social data into meaningful human experiences. Through its innovative platform, KarmaPulse offers tools for real-time analysis, interpretation, comparison, and exposure of social media interactions. This enables clients to gain valuable social intelligence, allowing them to effectively connect and engage with their target audiences. The company provides two distinct products, KarmaMetrics and KarmaBoards, which facilitate a deeper understanding of social media dynamics and enhance user interaction.
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
Rocket.la is the largest platform for financial advice in Mexico, boasting over 4 million registered users, with 1.6 million having provided access to their credit history. By leveraging this data, Rocket.la has established the most comprehensive Credit Marketplace in the region. The company focuses on enhancing users' credit scores and overall financial health, offering tools and resources that help customers navigate important financial decisions related to credit reports and scores. Its platform is designed to enable users to achieve their financial objectives in an efficient, responsible, and organized manner, empowering them to take control of their financial lives.
Airtm Inc., established in 2015, operates an online platform enabling users worldwide to send, receive, and store money in U.S. dollars. The company connects users with certified cashiers who facilitate transactions, with Airtm Inc. earning a commission. Airtm Inc. is headquartered in Dover, Delaware, and its services are accessible via a web-based platform.
Pangea Money Transfer
Series B in 2016
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.
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.
PENTA Football
Seed Round in 2016
PENTA Football specializes in the distribution of football highlights, providing fans with access to key moments from matches. The company focuses on leveraging its unique content creation capabilities to enhance the viewing experience in the sports industry. By collaborating with various partners, PENTA Football aims to meet diverse digital transformation needs, ensuring that the content remains engaging and relevant to audiences.
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 is a company focused on the acquisition, refurbishment, and sale of foreclosed homes, particularly in low-income housing developments. It aims to revitalize communities by transforming abandoned properties into livable homes, thereby addressing housing shortages for low-income families. By actively engaging with local communities, Provive fosters neighborhood participation in its revitalization efforts, ensuring that the restoration of these homes aligns with community needs and aspirations. The company's commitment to social impact is evident in its mission to provide affordable housing solutions through the rehabilitation of adjudicated houses.
Ver De Verdad
Series B in 2011
Ver de Verdad is a retailer focused on providing affordable optical products and services to low-income populations. The company operates a chain of small eye-care shops that offer a range of products, including eyeglasses, contact lenses, and comprehensive vision care services, such as free eye testing. Ver de Verdad aims to establish a strong market presence by emphasizing low pricing, quick delivery within 45 minutes, conveniently located shops, and a carefully curated selection of products to meet customer needs. This approach enables individuals to effectively address their optical issues and gain access to essential vision care.
Lumbrera is a company that specializes in innovation and strategic design consultancy services, focusing on creating tailored solutions to meet specific business needs. It offers expertise in digital transformation and is involved in the design, development, and implementation of products and ideas. By leveraging its consultancy services, Lumbrera aims to enable companies to enhance their operations and drive growth.
Agua Natural
Venture Round in 2011
Agua Natural is a home purified water distribution network.
Barared
Venture Round in 2010
Barared offers various telecommunications services, such as local, long-distance, and cellular calls; cellular airtime recharges; sending messages; and paying for services like water, electricity, gas, and more.
Lumbrera is a company that specializes in innovation and strategic design consultancy services, focusing on creating tailored solutions to meet specific business needs. It offers expertise in digital transformation and is involved in the design, development, and implementation of products and ideas. By leveraging its consultancy services, Lumbrera aims to enable companies to enhance their operations and drive growth.
MeXvi
Venture Round in 2010
MeXvi is a prominent provider of comprehensive solutions for assisted self-construction of affordable homes, primarily targeting rural and semi-urban areas in Mexico. Founded in 2006, the company has played a crucial role in the construction of nearly 4,900 homes across 15 states, contributing to the reconstruction of communities affected by disasters and improving the living conditions of approximately 25,000 individuals. By offering a range of products and services aligned with housing policies, MeXvi aims to address the needs of various communities seeking quality housing at fair prices. The company is dedicated to fostering self-construction initiatives that empower families and promote sustainable neighborhood development.
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 is a healthcare company focused on providing essential medical equipment and services. It operates primarily in Mexico, where it caters to the base of the pyramid by ensuring access to vital healthcare solutions. The company specializes in the manufacture and distribution of automatic defibrillator products, which include ECG monitors, energy modules, cables, and paddles. These products are designed to support hospitals, emergency services, and healthcare professionals in effectively treating patients. Through its innovative offerings, Primedic aims to enhance the quality of emergency medical care and improve health outcomes in underserved communities.
IGNIA
Venture Round in 2008
IGNIA is a Mexico-based venture capital firm founded in 2007 that invests across early to growth stages in Latin America, focusing on health, financial services, education and technology companies. It targets ventures that serve low-income populations and address basic services such as healthcare, housing, water and energy, and prefers sectors like fintech, SaaS, edtech, healthtech, e-commerce and marketplaces. Investments are primarily in equity, with occasional subordinated debt or convertible debt structures, and the firm pursues co-investments with other investors. The firm concentrates on opportunities in Mexico and Latin America and supports high-growth enterprises at the base of the pyramid, including B2C businesses, seeking to generate positive social impact alongside financial returns.
Aviva is developing an AI-driven digital bank focused on serving underbanked communities in Latin America. Initially targeting Mexico's unsecured credit market, Aviva offers inclusive financial services through innovative physical onboarding kiosks and novel AI-based risk models.