INFOGRAPHIC: LatAm's Top Weekly Startup Funding — Week 28
These are the funding deals we tracked in the LatAm region this week – Alume, Moffin, Bucksapp, Pipeimob, and Realize.
- Brazilian Fintech Alume Secures $7M to Provide More Medical Loans
- Mexican iPaaS Moffin Raises $2.1M to Enhance Automation and Regulatory Capabilities
- Paraguayan-Bolivian Fintech Bucksapp Raises $1M to Enhance its Technology
- Brazilian Proptech Pipeimob Secures $455K to Enhance its Platform’s Functionalities
- Brazilian Edtech Realize Secures $300K to Invest in Sales and Marketing
Brazilian Fintech Alume Secures $7M to Provide More Medical Loans
- Brazilian Fintech Alume has secured $7 million in a round led by Japan’s Credit Saison, the fund’s first investment in higher education financing in Brazil.
- Founded in 2019, the startup offers student loans to medical students in Brazil. The company also provides an accounting service for doctors who operate as legal entities and need help managing their accounting and taxes.
- With the new funds, Alume will provide more loans to medical students and newly graduated doctors.
Mexican iPaaS Moffin Raises $2.1M to Enhance Automation and Regulatory Capabilities
- Mexican iPaaS Moffin has raised $2.1 million in a seed round led by Accion Venture Lab and Chile Ventures. Other participating investors include New Ventures Capital, Rally Cap Ventures, Digital Currency Group, Carabela, and AngelHub.
- Founded in 2020, the credit screening-focused iPaaS (integration platform-as-a-service) allows companies to pull data and perform screening and credit analysis through secure, easy-to-use data integration tools like no-code solutions.
- With the new funds, Moffin will enhance automation, compliance, data analysis, and regulatory capabilities to acquire larger clients with operations across multiple industries.
