Mexican fintech Aviva raised $18M in a Series A round led by Valor Capital Group, with participation from BID Labs, Caravela Capital, Endeavor, and existing investors Wollef, Ignia, Krealo, and Newtopia.
Aviva provides loans ranging from $100 to $1,000 to individuals and small businesses, primarily in Mexico’s informal economy. Customers apply through physical kiosks using an AI-powered bot over video calls, and applications are processed within minutes.
The funding will support the company’s expansion across Mexico and the launch of new financial products for underserved consumers.
Aviva operates in 23 of Mexico’s 32 states and serves a market of more than 50 million adults with limited access to banking services. More than 300,000 people have completed loan applications through its kiosks. To date, the company has raised $34M in equity and secured more than $80M in credit facilities.
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