Credit provider Ximple raised a $2.7M pre-seed round from Boost Capital Partners, Clocktower Technology Ventures, Graph Ventures, 99 Startups, and Lotux.VC.
Ximple will use the funding to launch and expand its platform in Mexico, and to introduce new financial products.
Ximple’s digital platform offers working capital loans and consumer credit to direct sellers, allowing business owners to buy merchandise and earn a profit from helping clients finance their purchases.
“The financial inclusion gap in Latin America is one of the most significant globally. We are proud and excited about the product we are launching, and the substantial support we have received from various investors. Our commitment is to disrupt the financial services ecosystem and provide accessible credit solutions to upwards of 300 million Latin Americans who currently lack access to traditional financial services,” said Daniel Sujo, co-founder and CEO of Ximple.
Ximple was founded in 2024 by Daniel Sujo, Rodrigo Aparicio, Juan Pablo Salem, and João Ramos.
Read more on LatamFintech Hub.