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Keo World Announces Closing Of $20M Institutional Growth Equity Financing Round

Jun 14, 2022over 3 years ago

Amount Raised

$20 Million

Miami

Description

KEO World Inc. (KEO), the leading B2B Buy Now, Pay Later (BNPL) fintech, today announced the closing of a $20 million growth equity round led by Montreux Growth Partners with additional funding provided by Mayberry Investments and Avior alongside a debt facility from Hayfin Capital Management. With this investment, KEO World will fuel the growth of its Workeo small and medium-sized enterprise (SME) inventory financing program across the USA and LATAM.

Company Information

Company

Keo World

Location

Miami, Florida, United States

About

Founded in 2020, KEO World is a Buy Now, Pay Later fintech focused on credit solutions and supply financing for small-and-medium-sized businesses (SMBs). Headquartered in Miami, Florida, with operations in the U.S., Mexico, Colombia, Peru, Ecuador, and Dominican Republic; KEO currently supports over 16,000 businesses in the U.S. and LATAM.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech