YoFio secured $10M in seed funding led by Oikocredit to expand services and partner with major retailers
Amount Raised
$10 Million
Round Type
Seed
Cuajimalpa de MorelosFinancial ServicesFinanceLendingInvestors
Description
YoFio, a Mexican fintech specializing in financial and credit services for small businesses, secured $10M in a mix of debt and equity led by Oikocredit. 500 Global, Innogen Capital, and Cauris Finance also participated in the round. With the new funding, YoFio plans to expand its services across Mexico to serve 10,000 customers while partnering with major retailers, consumer goods companies, and other fintechs.
Quick answer
YoFio raised $10 Million in a Seed round, dated February 28, 2024. Investors: Cauris Finance, Innogen Capital, 500 Global and Oikocredit. YoFio is based in Cuajimalpa de Morelos, CDMX, Mexico.
- How much did YoFio raise?
- YoFio raised $10 Million in a Seed round on February 28, 2024.
- Who invested in YoFio?
- Cauris Finance, Innogen Capital, 500 Global and Oikocredit are named as investors in this round.
- What does YoFio do?
- A Mexican fintech specializing in financial and credit services for small businesses.
- Where is YoFio based and how big is it?
- YoFio is based in Cuajimalpa de Morelos, CDMX, Mexico.
- Who are the decision-makers at YoFio?
- Fundz holds 1 contact at YoFio. 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 YoFio that raised within 45 days of this round, from Fundz verified event records.
- AVIOM Housing Finance Corporation raised $10M (Series D) on April 12, 2024.
- Mayan raised $3M (Seed) on April 11, 2024.
- Zinclusive raised $10M (Funding Round) on April 8, 2024.
- Ellipsis Labs raised $20M (Series A) on April 7, 2024.
- Ummeed Housing Finance Pvt. Ltd raised $70M (Funding Round) on April 5, 2024.
- Electronica Finance Limited raised $48M on April 4, 2024.
Who to call at YoFio, and when
A new round usually means YoFio is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day YoFio raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at YoFio, from your own LinkedIn network
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Related People
YoFio 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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