Fintoc raises $7 million in a Series A round to expand operations in Chile and Mexico
Amount Raised
$7 Million
Round Type
Series A
VitacuraFinancial ServicesE CommerceFintechLendingInvestors
Description
Fintoc, a B2B fintech startup, has secured a $7 million Series A funding to strengthen its presence in Chile and Mexico. The funding will facilitate the expansion of its API-based instant payment solutions for online businesses, particularly in Mexico where it expanded a year ago.
Quick answer
Fintoc raised $7 Million in a Series A round, dated April 25, 2024. Investors: Y Combinator. Fintoc is based in Vitacura, Santiago, Chile.
- How much did Fintoc raise?
- Fintoc raised $7 Million in a Series A round on April 25, 2024.
- Who invested in Fintoc?
- Y Combinator is named as investors in this round.
- What does Fintoc do?
- Fintoc is a B2B fintech startup providing an API that allows online businesses to accept instant payments directly from customers' bank accounts, with a focus on the Latin American market.
- Where is Fintoc based and how big is it?
- Fintoc is based in Vitacura, Santiago, Chile.
- Who are the decision-makers at Fintoc?
- Fundz holds 1 contact at Fintoc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and E Commerce around the same time
Companies in the same sectors as Fintoc that raised within 45 days of this round, from Fundz verified event records.
- Kanastra raised $21M (Series A) on June 5, 2024.
- Frich raised $2.8M (Seed) on May 30, 2024.
- Fortunafi raised $9.5M (Seed) on May 29, 2024.
- Aperture Finance raised $12M (Series A) on May 29, 2024.
- Anzen Finance raised $4M (Seed) on May 28, 2024.
- El Dorado raised $3M (Seed) on May 28, 2024.
Who to call at Fintoc, and when
A new round usually means Fintoc is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fintoc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fintoc, from your own LinkedIn network
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Funding Insights
What this usually meansFintoc 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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