Credit Saison compromises $200M to back startups in Brazil and Mexico

money

Japanese financial services group Credit Saison allocated $100m each for newly-formed subsidiaries Credit Saison Brazil and Credit Saison Mexico.

“We chose Mexico and Brazil for their market potential and mature fintech ecosystems. Latin America holds the greatest growth potential for us outside Asia,” said Kosuke Mori, CEO of Saison International.

Saison Capital, Credit Saison’s venture arm, invests up to $30M annually in early-stage companies worldwide. Initially focused on Japan, Southeast Asia, and India, it targets startups in fintech, e-commerce, and Web3.

Kenichi Ito leads Credit Saison Brazil’s SĂŁo Paulo office, with Alvaro Landi and Ziheng Li overseeing investments. In Mexico, Carlos Rius manages operations, supported by Fernando GonzĂĄlez and FĂ©lix SĂĄnchez.

Read more on Global Venturing.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like