Konfío Fintech Raises $125 Million Dollars and Approaches the World of Unicorns

According to the entrepreneur, this new company's fundraising comes after a very positive year for them in 2020, where despite the crisis caused by the new coronavirus, they managed to achieve significant growth.

Konfío is a fintech that is capitalizing to expand. Photo: Facebook (Konfío).

06/25/2021

Konfío, a financial technology company specializing in loans for small and medium-sized enterprises (SMEs), founded by Mexican entrepreneurs David Arana and Francisco Padilla, has announced the successful closure of a new Series E investment round totaling $125 million.

This round was led by impact-focused global fund Lightrock, making its first investment in the company, along with investors such as Softbank, Kaszek Ventures, VEF, QED Investors, Tarsadia Capital, and the IFC.

"At Konfío, we see technology as a powerful enabler to level the playing field that has long been unequal, providing growing businesses with opportunities and conditions to expand and compete successfully with large corporations," explained David Arana, CEO of the fintech.

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