Mexico's top Open Finance platform Syncfy has raised $10 million in its first round of funding to expand across Latin America.
Large banks and corporate software firms like BBVA and Intuit, as well as fintech startups, utilize Syncfy's platform because of the financial data aggregation and enrichment capabilities it provides through its integrations: Connect, Fiscal, Stamping, and Payments.
With this money, Syncfy will be able to build its company in Latin America, create new products, and provide payment initiation services in strategic areas.
Syncfy CEO Gerardo Trevio has stated the firm's intent to increase both its client base and the number of partners it works with in Argentina, Brazil, and Colombia.
JAM Fund, Ausum Ventures, Avalanche Ventures, FJ Labs, MANTIS Venture Capital, and XBTO Humla Ventures all contributed to the round, which was headed by Steven A. Cohen's Point72 Ventures.
Play audio
No comments