Mexico

Mexican 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…

ALLVP led a US$4.5m pre-seed round in Flat, a Mexican proptech employing the iBuyer model, with participation from Liquid 2 Ventures, Next Billion Ventures, Picus Capital and angel investors. (TechCrunch)…

minu, a payroll fintech providing Mexican employees digital access to their earned wages, raised a US$6.5m seed round from QED Investors, Village Global, Next Billion Ventures and Mountain Nazca Mexico.…

Foundation Capital led an undisclosed seed investment in Jüsto, a Mexico-based grocery delivery startup, with participation from Quiet Capital, Vas Ventures, 500 Startups and others. Jüsto is founded by Cabify’s former…

The IFC led a R$70m investment in Revelo, a Brazil-based job matching platform, with follow-on from Valor Capital, Dalus Capital, FJLabs, and corporate investor Seek.  Previous investors include Social Capital, Graph Ventures and…

Credijusto, a fintech startup that provides affordable financing to SMEs in Mexico, raised US$42m from Goldman Sachs, Point72 Ventures and others. Goldman invested via its Principal Strategic Investments group. Goldman…

KaszeK Ventures raised US$600m across two new funds, including US$375m for its fourth flagship fund and US$225m for its first opportunities fund. (Press Release) Latin American venture capital firm Kaszek…

Nilo Ventures made an undisclosed investment in Covela, a digital insurance broker for SMEs in Latin America. (Medium) After Nilo’s investment in Keynua — an e-signature platform founded by the same…

Algo Capital closed a US$200m VC fund to invest in accelerating adoption of the Algo, the digital currency of the open source public blockchain Algorand. The fund will look at…

Urbvan, a transport app providing van-sharing rides along pre-established routes in Mexico City and Monterrey, raised a US$9m round from KaszeK Ventures and Angel Ventures Mexico, with participation from Liil…