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Mattilda grabs another $19m, this time to expand beyond Mexico’s private schools

GSV Ventures led the round and is joined by FinTech Collective, which led the seed, and Dila Capital. The company has now raised a total of $39m. Last October, CEO Agote told me that mattilda was approaching 14,000 students that it was collecting payments for. Today, that has grown to 35,000 students. During that same period of time, the company added 10 new employees to bring headcount to 60.

The funding round garnered widespread media coverage, being spotlighted in numerous esteemed publications such as El Financiero, El Economista, Cntxto and White Paper, among others.

“It serves two purposes: It is a huge pipeline that we get access to, in an exclusive way,” Agote said. “It’s also a huge rubber stamp for the industry. We have been able to grow and prove that we have a robust service and platform.”

Tags

mattilda, mexico, emerging markets, lending, credit