Kapital’s Financial Leap: Scaling New Horizons with $165M Injection
In a resounding endorsement of its vision, Kapital recently secured a whopping $40 million Series B equity financing and an additional $125 million debt raise.
Spearheaded by Tribe Capital and backed by stalwarts like Cervin Ventures, Tru Arrow, MS&AD Ventures, and Alumni Ventures, this infusion of capital marks a significant milestone for the company’s growth trajectory.
Fueling Innovation through Capital
The influx of funds serves as the rocket fuel propelling Kapital’s mission to fortify its R&D and technological infrastructure.
This strategic investment aims to bolster its cross-border capabilities, enhancing the suite of products to offer unprecedented insights and solutions to its clientele.
Revolutionizing SME Financial Management
Under the stewardship of CEO and Co-Founder Rene Saul, Kapital harnesses the power of data and artificial intelligence to empower small and medium-sized enterprises (SMEs) with real-time visibility and control over their cash flows.
Through intuitive dashboards, businesses can now navigate their financial landscapes with unparalleled agility.
Accelerated Evolution: From Acquisition to Expansion
Since its last financing round in May 2023, which saw a Series A funding of $23 million and a $45 million debt facility, Kapital’s trajectory has been nothing short of meteoric.
Bolstered by the acquisition of Banco Autofin Mexico S.A. in September 2023, the company has transcended its original scope.
Stretching beyond its existing repertoire of loans, credit cards, invoicing, and expense management, Kapital is embarking on a journey towards vertical integration. This evolution encompasses payroll and benefits services, in addition to treasury accounts.
Reaching New Frontiers
With a rapidly expanding footprint, Kapital presently serves a staggering 80,000 clients across Mexico, Colombia, and Peru.
As the company continues to innovate and diversify its offerings, it stands poised to revolutionize financial services across borders, empowering businesses in their pursuit of success.Share on Facebook «||» Share on Twitter «||» Share on Reddit «||» Share on LinkedIn