The FinTech sector in Latin America continues to gain momentum, with AI-powered financial platform provider Kapital raising $100 million in Series C funding. The Mexico City-based startup is redefining small and medium-sized business (SMB) banking in the region, combining AI-driven innovation with a strong financial infrastructure.
Kapital’s $100M Series C Milestone
The funding round was led by Tribe Capital and co-led by Pelion Ventures, with additional participation from Y Combinator, Marbruck Ventures, and True Arrow. This latest injection of capital brings Kapital’s valuation to $1.3 billion, an impressive feat achieved in just two years since its launch.
This Series C funding not only underscores investor confidence in Kapital’s model but also highlights the rising demand for technology-first banking solutions across Latin America.
A Technology-First Bank for SMBs
Kapital positions itself as more than just a digital bank—it operates as a technology-first financial platform. Its ecosystem offers SMBs a complete suite of services, including cash flow management, loans, and operational tools, all designed to streamline business performance.
What sets Kapital apart is its ability to develop financial products natively while also acquiring traditional banking institutions and rebuilding them on its proprietary technology stack. This hybrid approach ensures both agility and scalability as it continues to expand.
Expansion Across Latin America
With its fresh funding, Kapital plans to accelerate the build-out of its financial ecosystem across Latin America. Its primary goal is to maximize SMB performance by offering smarter, AI-powered financial tools.
So far, Kapital has scaled its balance sheet to $3 billion and serves more than 300,000 customers across Mexico, Colombia, and the United States. The company is doubling down on expansion in Mexico and Colombia, markets that present enormous opportunities for SMB-focused FinTech solutions.
Why Kapital’s Growth Matters
Latin America has one of the fastest-growing FinTech landscapes in the world, driven by underbanked populations and increasing demand for digital-first solutions. Kapital’s growth reflects a larger shift in how SMBs access financial services:
- AI-driven efficiency: Automating processes that save time and reduce risk.
- Inclusive growth: Offering tools tailored to small businesses that have historically struggled with financial access.
- Cross-border scalability: Leveraging AI to operate seamlessly across multiple markets.
By addressing long-standing gaps in SMB banking, Kapital is positioning itself as a major player in shaping the future of financial services in the region.
The Road Ahead
With $100 million in new capital, Kapital is set to expand aggressively and strengthen its AI-powered financial ecosystem. By combining innovation with scalability, the company aims to redefine SMB banking across Latin America and beyond.
As more businesses embrace digital-first models, FinTech companies like Kapital will play a central role in enabling financial inclusion, driving growth, and accelerating the digital transformation of the banking sector.
