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Xepelin secures $15.75M credit line from BBVA Spark

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Chilean fintech company Xepelin secured a $15.75M credit line from BBVA Spark.

Xepelin offers a platform that streamlines financial management and simplifies access to financing. Its services include smart financing, AI-powered management of accounts receivable and payable, and tools to track key performance indicators and assess the financial health of suppliers and customers.

The credit line will support Xepelin’s expansion and strengthen its services for small and medium-sized businesses in Mexico.

“This financing marks the beginning of a strategic relationship. We’ll collaborate across different business areas to develop integrated solutions that empower companies in Mexico,” said Sebastián Kreis, CEO and co-founder of Xepelin.

Read more on: Startups Latam

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Araceli is a marketer and has been a volunteer and organizer of Hackathons, Startup Weekends, and H/F Community. She's currently PR Manager at Magma Partners, where she helps startups to develop communication strategies in the United States and Latin America.

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