Mexican fintech Digitt raised a $10M Series A round led by Yolo Investments. IGNIA Partners and Capria Ventures also joined the round, alongside Renaud Laplanche, Manolo SĂĄnchez, Dillon Krasnigor, John Buttrick, and Nino Fanlo, who will join Digittâs board.
Digitt creates fair and transparent financial tools designed to eliminate the high interest rates that banks charge on credit cards. By offering low annual interest rates between 20% and 42%, Digitt helps customers pay less, get out of debt faster, and know exactly how much they owe each month.
The funds will strengthen Digittâs platform and support regional growth as the company positions itself as a key player in reshaping personal finance in Latin America.
âIn a moment when graduation rates from Seed to Series A in LatAm are at historic lows, I donât take this milestone for granted. This round was only possible thanks to the relentless execution of a mission-driven team, each of us obsessed with our customersâ financial well-being,â said David GarcĂa, CEO and co-founder of Digitt
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