Digitt secures US$50M debt facility from CoVenture to help prime borrowers in Mexico pay off predatory credit card debt
Amount Raised
$50 Million
Round Type
Funding Round
GuadalajaraFinancial ServicesFinanceFintechLendingInvestors
Description
Digitt, a pioneering fintech in Mexico, announced the launch of a US$50M debt facility with CoVenture Management, LLC. The facility will help expand Digitt's existing debt refinancing product, expand its product offering, and deepen its relationship with its customer base.
Quick answer
Digitt raised $50 Million in a Funding Round round, dated July 24, 2024. Investors: Co Venture Management, Llc. Digitt is based in Guadalajara, Jalisco, Mexico.
- How much did Digitt raise?
- Digitt raised $50 Million in a Funding Round round on July 24, 2024.
- Who invested in Digitt?
- Co Venture Management, Llc is named as investors in this round.
- What does Digitt do?
- Digitt is a fintech company based in Mexico, dedicated to helping prime borrowers refinance their debt through affordable, flexible, and predictable loans.
- Where is Digitt based and how big is it?
- Digitt is based in Guadalajara, Jalisco, Mexico. Fundz records about 29 employees.
- Who are the decision-makers at Digitt?
- Fundz holds 2 contacts at Digitt, including the Chief Technology Officer (CTO). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Digitt that raised within 45 days of this round, from Fundz verified event records.
- Green Dot raised $65M on September 6, 2024.
- Unlock Technologies raised $30M (Series B) on September 3, 2024.
- QNB raised $40M on August 30, 2024.
- Bee Informatica raised an undisclosed amount (Seed) on August 30, 2024.
- TBC Bank Uzbekistan raised $25M (Debt Financing) on August 29, 2024.
- Ensysce Biosciences raised $5.1M on August 29, 2024.
Who to call at Digitt, and when
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- An alert the day Digitt raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Digitt, from your own LinkedIn network
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Related People
Digitt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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