In 2023, Kapital’s customer base grew to 80,000 small businesses in Mexico, Colombia and Peru. It also acquired Banco Autofin Mexico S.A. in September.
© 2023 TechCrunch. All rights reserved. For personal use only.
Similar Posts
Kapital gets more of its own capital to help LatAm businesses monitor cash flow
Kapital's platform gives small and medium-sized businesses across Latin America a way to see their finances in one place.
May 25, 2023
Indifi raises $35M to expand digital lending to more small businesses
Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in […]
Jun 12, 2023
Support automation firm Capacity grows with new cash and acquisitions
David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D. While all this was happening, Capacity acquired three companies: enterprise search firm Lucy (which had raised $5.6 million) and two startups focused on c
Oct 16, 2024
Bonside launches with $4.35M to provide growth capital to brick-and-mortar businesses
Here’s how it works: business owners receive growth capital in exchange for a percentage of their business’ revenue, which is paid back in accordance with how fast or slow revenue is accumulated.
Jun 7, 2023