Xepelin raises $230M in debt funding and equity

Mono-Neobank-announces-participation-in-Y-Combinator

LatamListXepelin, a Chilean fintech, raised $30M in equity from Kaszek Ventures and a number of other firms and angel investors, and $200M in credit facilities from LatAm and US asset managers and hedge funds, including Picus Capital, FJ Labs, Gilgamesh Ventures, and multiple angel investors.

Xepelin provides financial services to SMEs in Latin America. The platform is built on a SaaS model with an AI-driven engine that helps SMEs to manage and organize their financial information in real-time. 

The fintech currently serves over 4,000 clients in Chile and Mexico and has loaned more than $440M to SMBs in the past two years. 

Read more on TechCrunch.

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