Mexico City based digital lender raised $125m in debt from Goldman Sachs. This is the bank’s third loan to a Latin American FinTech startup in 2019 — and the biggest ever in Mexico.
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MercadoLibre raised $125m in debt funding from Goldman Sachs
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The Goldman Sachs loan won’t be used to finance lending in Brazil. “We wanted not only Goldman’s capital, but also the experience the bank has on this type of [transaction] throughout Latin [America],” said Santos. “I hope to work with the bank in the future to finance other portfolios, including consumer operations in Mexico and other markets.”
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