Chilean fintech Galgo secured $40M. The round was led by Nazca, with participation from Grupo Auteco, WIND Ventures, Güil Mobility Ventures, Dalus Capital, Kayyak Ventures, Fynsa, Buena Vista Capital, and Amarena VC.
Galgo plans to use these funds to further expand in Chile, Peru, Colombia, and Mexico, focusing on the latter two, which are projected to be the fastest-growing markets in the coming years.
Currently, the company is focused on improving its user experience by optimizing the purchasing process, financing requests, document signing, and product delivery.
For more information, visit Ecosistema Startup.