Mexican fintech Flink announced a $57M Series B funding round led by Lightspeed Venture Partners. Existing investors Accel, ALLVP, and Clocktower also participated, as well as new investor Mantis Venture Capital Fund, founded by electronic DJ and production duo The Chainsmokers.
Flink is a neobroker platform that provides online banking services alongside microtrading opportunities to customers. The platform aims to democratize access to capital markets through encouraging more people to invest and manage their money intelligently.
āUsers can invest as little as $1 and with zero commissions. We want Flink to be the easiest way to invest, save, and use your money,ā said Sergio JimĆ©nez Amozurrutia, CEO and co-founder of Flink.
The company is growing its user base by around 38% per month, attracting predominantly millennials and GenZ customers.
Flink will use the funding to continue growing its team and develop and improve products. The startup also plans to expand its services across Latin America.
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