Kapital Secures $100 Million in Series C Funding, Achieves Unicorn Status in Latin America
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
In a significant development within the Latin American fintech landscape, Kapital, a Mexico City-based financial technology firm, has successfully raised $100 million in a Series C funding round. This achievement propels the company’s valuation to $1.3 billion, officially making it the first AI-driven fintech unicorn in the region.
The Series C round was led by Tribe Capital, with co-investment from Pelion Ventures, Y Combinator, Marbruck Ventures, and True Arrow. Kapital’s CEO, René Saul, expressed pride in the company’s rapid ascent, stating, “We are proud to join an elite group of unicorns emerging from Latin America.” The fresh capital infusion will be utilized to expand Kapital’s AI-powered financial ecosystem, which currently serves over 300,000 small and medium-sized businesses (SMBs) across Mexico, Colombia, and the United States.
Founded in 2019, Kapital distinguishes itself by operating as a technology-first bank. Unlike many fintech companies that rely on legacy banking systems, Kapital has developed its own infrastructure, integrating compliance, lending, and risk management into a unified platform. This approach allows the company to offer tailored financial products to SMBs, including business checking accounts, loans, and wealth management tools.
In 2023, Kapital acquired Banco Autofin, securing a full banking license in Mexico. This strategic move enabled the company to further innovate and offer a comprehensive suite of financial services to its clients.
The success of Kapital’s funding round underscores Mexico’s growing prominence as a hub for fintech innovation in Latin America. According to recent data, Mexican startups raised $437 million in the second quarter of 2025, surpassing Brazil for the first time since 2012. Kapital’s rapid growth and profitability position it as a leader in the region’s fintech sector.
Looking ahead, Kapital plans to leverage its new capital to enhance its AI capabilities, expand its product offerings, and deepen its presence in existing markets. The company’s commitment to regulatory compliance and technological innovation is expected to drive its continued success in the competitive fintech landscape.
Kapital’s achievement marks a milestone in the evolution of fintech in Latin America. By combining advanced technology with a deep understanding of the region’s financial needs, Kapital is setting a new standard for banking services tailored to SMBs. As the company continues to grow and innovate, it is poised to play a pivotal role in shaping the future of finance in Latin America.
