PYMNTS-MonitorEdge-May-2024

Konfio

SMB Lender Konfio Hits $1.3B Valuation Following $110M Fundraise
SMB Lender Konfio Hits $1.3B Valuation Following $110M Fundraise
September 29, 2021  |  Investments

With the close of an extended $110 million Series E funding round, small- to medium-sized business (SMB) financial services startup Konfío is now a Mexican...

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SoftBank Leads $100M Investment In Mexico’s Konfio
SoftBank Leads $100M Investment In Mexico’s Konfio
December 03, 2019  |  B2B Payments

SoftBank Group has made another investment in Mexico, leading a $100 million funding round for small business (SMB) lender Konfio. This marks the Japanese conglomerate’s...

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Facebook Teams With Mexico SMB Alt-Lender Konfio
Facebook Teams With Mexico SMB Alt-Lender Konfio
September 06, 2019  |  Facebook

Facebook is collaborating with a Mexico-based alternative small business lender with plans to launch a new program in the country aimed at strengthening local SMBs’...

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SoftBank Continues LATAM Push, Courts Mexico Startups
SoftBank Continues LATAM Push, Courts Mexico Startups
August 09, 2019  |  Investments

Japanese investment firm SoftBank Group is in talks with two startups in Mexico in a bid to continue to search out opportunities in the Latin...

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Big-Name Backers Pump $324 Million Into B2B FinTech
Big-Name Backers Pump $324 Million Into B2B FinTech
October 13, 2017  |  B2B Payments

B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. But that wasn’t the...

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Tech Center: Mexico City Tech Scene Rises Up
Tech Center: Mexico City Tech Scene Rises Up
August 22, 2017  |  Tech Center

Technology that has the ability to transform cities has given power to how people live their everyday lives. Whether it’s autonomous vehicles streamlining public transportation,...

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