SoftBank Group has made another investment in Mexico, leading a $100 million funding round for small business (SMB) lender Konfio. This marks the Japanese conglomerate’s third investment in the country since it announced the launch of a $2 billion fund to target Latin American technology...
Facebook is collaborating with a Mexico-based alternative small business lender with plans to launch a new program in the country aimed at strengthening local SMBs’ finances. Reports in Contxto Thursday (Sept. 5) said Facebook and alt-lender Konfio will co-develop the Aula Morada program, a series...
Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a report by Reuters citing sources familiar with the matter. The company is reportedly in talks with...
B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. But that wasn’t the only — or even the largest — investment round confirmed. In all, the industry secured more than $324 million with B2B payments,...
September 29, 2021
With the close of an extended $110 million Series E funding round, small- to medium-sized business (SMB) financial services startup Konfío is now a Mexican unicorn valued at $1.3 billion, Bloomberg reported. As the country’s fourth unicorn, Konfío joins used-car seller Kavak, cryptocurrency exchange Bitso and payment processor Clip, according to the report. Read more: […]
August 09, 2019
Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin American market, according to a...
