QuintoAndar sets up shop in Mexico

QuintoAndar sets up shop in Mexico

Corporate & Sovereign Strategy Equity Brazil Mexico Capital Markets Technology

Brazilian property technology firm QuintoAndar said Tuesday that it has started operations in Mexico under the Benvi brand name as the first step in its international expansion plans. The São Paulo-based proptech, which has raised $700 million in successive financing rounds since its creation in 2013, was "motivated by the size of the Mexican market and similarities with Brazil in terms of bureaucracy, extenuating financial guarantees, low agility and flexibility in negotiations, fragmented indu

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