LatamList – a55, a credit solutions platform, raised a $35M funding round led by Accial Capital. Existing investors E3 Negócios and Mouro Capital also participated in the round.
a55 offers lending solutions for SMEs in Mexico and Brazil. The startup uses a digital dashboard to localize a company’s credit history and financial information for credit lenders to see. Similarly, companies can monitor their credit loans via a similar dashboard that shows real-time data on spending and credit.
“We are building the platform of the future where digital, transactional, and revenue data determines credit decisions and will shape the future of fintech services,” said Hugo Mathecowitsch, CEO of a55.
a55 raised a $5M funding round last June. Since then, the platform has grown to serve more than 11 million clients across Brazil and Mexico.
The new funding will enable the company to fund more credit loans and expand operations, with particular focus on Mexico.