Colombian Proptech Habi secured $30M in debt from the World Bank’s International Finance Corporation (IFC). Victory Park Capital Advisors structured the loan, the first of its kind from the IFC to a Latin American proptech.
Habi will use the funds to grow its presence in Mexico and Colombia.
Since 2022, Latin American startups have leaned on debt financing, a result of the drying up of fresh equity and the simultaneous increase in interest rates.
Founded in 2019, Habi uses data-driven pricing algorithms to buy and sell properties on its platform and provides legal and financial guidance.
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