June 9, 2022 |
Ecuadorean payments start-up Kushki raised $100 million in an extension of its Series B fundraising round that valued the company at more than $1 billion for the first time.
Investors in the financing round included Kaszek Ventures, Clocktower Ventures, SoftBank Latin America Fund and DILA Capital, the company said in a release. It brings the total amount raised in the combined Series B to $186 million, it said.
Kushki said the proceeds will be used to speed up development of infrastructure that
Latest fundraising round values the Ecuadorean fintech at more than $1 bln