May 4, 2022 |
Chilean financial technology firm Xepelin said it raised $111 million in a Series B round to expand its business in Chile and Mexico.
The Santiago-based company, which provides a digital platform for companies to make payments, manage cash and raise short-term funding, secured the funds in an all-equity deal led by New York-based Avenir Growth Capital and São Paulo-based Kaszek, according to a statement.
The other investors in the round were Amarena, Battery Ventures, DST Global, Endeavor Cataly
Chilean fintech gets $111 mln in an all-equity Series B round led by Avenir and Kaszek