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Xepelin raises $230m in debt and equity funding

Chile based creator of a financial services platform for SMEs in Latin America raised $30m in new equity funding led by Kaszek Ventures.

“Any company in LatAm can onboard in just a few minutes and immediately access a free software that helps them organize their information in real time, including cash flow, revenue, sales, tax, bureau info — sort of a free CFO SaaS,” de Camino said. “The circle is virtuous: SMEs use Xepelin to improve their financial habits, obtain more efficient financing, pay their obligations, and collaborate effectively with clients and suppliers, generating relevant impacts in their industries.”

Tags

chile, latin america, emerging markets, banking