Popular

Popular, Inc., established in 1893, is a diversified financial services company headquartered in Hato Rey, Puerto Rico. Through its subsidiaries, it offers a wide range of retail, mortgage, and commercial banking products and services. These include various deposit accounts, commercial and industrial loans, commercial real estate loans, residential mortgage loans, consumer loans, construction loans, lease financing, and investment banking services. The company operates 163 branches in Puerto Rico, 49 branches in the U.S. mainland, and 10 branches in the Virgin Islands, along with numerous ATMs across these regions.

Javier Ferrer

Executive Vice President, COO Head of Business Strategy and Corporate Secretary

5 past transactions

Carbonwave

Series A in 2023
Carbonwave is a company dedicated to addressing climate change through sustainable seaweed cultivation. It collects, processes, and grows seaweed at scale, transforming it into eco-friendly materials that sequester CO2, combat pollution, and promote biodiversity in marine ecosystems.

Greenwood

Series B in 2022
Greenwood is a fintech company offering a mobile banking platform designed for Black and Latinx individuals and business owners. It provides savings accounts, debit cards, peer-to-peer transfers, mobile deposits, community reinvestment initiatives, global ATM access, and early pay services.

Raincoat

Seed Round in 2022
Raincoat is a company focused on developing scalable embedded climate insurance products, supported by an automated infrastructure. It partners with insurers, reinsurers, governments, and financial institutions to create and distribute parametric insurance solutions. By facilitating instant payouts on catastrophe policies, Raincoat aims to enhance financial resilience for businesses affected by natural disasters. The company’s approach seeks to unlock new markets and promote climate resilience on a broad scale.

Greenwood

Series A in 2021
Greenwood is a fintech company offering a mobile banking platform designed for Black and Latinx individuals and business owners. It provides savings accounts, debit cards, peer-to-peer transfers, mobile deposits, community reinvestment initiatives, global ATM access, and early pay services.

ELoan

Acquisition in 2005
E-LOAN is a nationwide financial services company established in 1997, focused on providing consumers with straightforward access to high yield savings accounts and certificates of deposit (CDs). The company offers a platform that connects users with various nationally recognized lending partners, helping them find loans tailored to their financial needs. E-LOAN emphasizes pro-consumer values, aiming to enhance the online experience for its customers through a simple and effective financial research platform, complemented by educational tools and resources.
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