Mexican fintech Konfio secured a USD80m credit line from Community Investment Management (CIM). Konfio raised a USD110m Series E+ led by Tarsadia Capital and QED Investors in October. (Expansion) – El…
Konfio
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Tarsadia Capital and QED Investors Lead USD110m Series E+ for Mexican Fintech Konfio (en español)
September 29, 2021Tarsadia Capital and QED Investors led a USD110m Series E+ for Konfio, a Mexican lending platform for SMEs, with follow-on from SoftBank, KASZEK, VEF, IFC and Lightrock. Lightrock led a…
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Goldman Sachs Grants USD60m Line of Credit to Mexican Lending Platform Konfio (en español)
February 25, 2021Goldman Sachs granted a USD60m line of credit to Konfio, a Mexican lending platform for SMEs. Goldman Sachs first invested in Konfio in 2019 through a USD250m credit facility alongside…
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BID Invest Grants US$60m Line of Credit to Mexican Lending Platform Konfio (en español)
September 25, 2020BID Invest granted a line of credit of up to ~US$60m to Mexican lending platform Konfio. Konfio will have access to an initial ~US$36m in credit capacity which can be…
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QED Investors Closes Its Sixth Fund with US$350m in Commitments
February 26, 2020QED Investors closed its sixth fund with US$350m in commitments. QED’s Latin America portfolio includes Nubank, QuintoAndar, Creditas, Konfio and others (Press Release) QED Investors Closes $350 Million Fund VI…
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SoftBank Leads a US$125m Series B in AlphaCredit
January 27, 2020SoftBank led a US$125m Series B in AlphaCredit, a Mexican lender to individuals and SMBs in Mexico and Colombia. This is the company’s first disclosed financing. AlphaCredit has disbursed over…
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Konfio Raises US$250m Debt Round from Goldman & Victory Park Capital
September 6, 2019Mexican lending platform Konfio raised a US$250m debt round from Goldman Sachs (US$100m) and Victory Park Capital (US$150m). In 2018, Vostok Emerging Finance led a US$25m Series C investment in Konfio, with follow-on from existing investors Jaguar…
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Vostok Emerging Finance led a US$25m Series C investment in Konfio, a Mexican lending platform for small businesses, with participation from existing investors KaszeK Ventures, Quona Capital, QED Investors and the IFC, among others. The IFC led Konfio’s US$10m Series B in 2017.
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IFC Leads US$10m Series B in Mexico’s Konfío
October 11, 2017The International Finance Corporation (IFC) led a US$10m Series B investment in Mexican online lending platform Konfío. Existing investors QED Investors, Kaszek Ventures, Jaguar Ventures, Accion Frontier Inclusion Fund (managed…
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Mexico is in the process of passing Ley de FinTech to regulate the sector, after the country came out on “top in the FinTech space in 2016” with four companies…