Mexico-based fintech Grupalia raised $4.8M in a seed round combining equity and debt. The equity round included participation from Platanus, Semilla Ventures, Innogen Capital, CAPEM, and founders from Fintual, R2, Xepelin, Monato, and Atrato. The debt financing involved Addem Capital, CAPEM, and several Latin American family offices.
Grupalia aims to become Mexico’s first neobank for micro-businesses. By rebuilding the group loan process, Grupalia has created a digital, fast, and secure solution. Its technology enables better risk analysis and delivers a simpler, more inclusive, and far more efficient lending experience than traditional banks.
“Microbusinesses are the most fundamental part of the economy, yet they remain brutally underserved. They are the ones who bring entire communities to life. SME banking is supposedly designed for them, but only once they already have millions in sales or large collateral,” said Rogelio Rea, cofounder and CEO of Grupalia
Grupalia will use the new funds to scale lending operations, enhance its technology and risk models, and expand its platform with tools that help small business owners manage payments, track finances, and improve profitability.
Since launching, Grupalia has grown 31% month-over-month, issuing over $7.5M in loans to small businesses. Its mobile app has more than 20,000 downloads and 1,000+ positive reviews, maintaining a loss rate below 6%.
Read more in Grupalia
