Kapital, a Mexico City-based financial services company, has successfully raised $100 million in a Series C funding round, achieving a valuation of approximately $1.3 billion.
This milestone underscores Kapital’s steady growth and aims to position it as a key player in the region’s fintech sector, earning the distinction of Latin America’s first AI-driven financial unicorn.
The funding round, announced on September 2, 2025, marks a pivotal moment for the company as it seeks to enhance its artificial intelligence capabilities to better serve small and medium-sized enterprises (SMEs) across the region.
The investment round was reportedly led by Tribe Capital, a returning investor, with co-leadership from Pelion Ventures.
As first reported by Bloomberg, additional participants included prominent names such as Y Combinator, Marbruck Ventures, and True Arrow, signaling strong confidence in Kapital’s vision and execution.
This latest capital infusion follows a 2023 funding round where Kapital secured $165 million, comprising $40 million in equity and $125 million in debt financing, also led by Tribe Capital.
The new funds are earmarked for expanding Kapital’s AI-powered platform, which focuses on streamlining financial services for SMEs, a critical yet underserved segment in Latin America’s economic ecosystem.
Kapital’s rise reflects broader trends in Latin America, where fintech innovation is gaining momentum due to favorable demographics, increasing smartphone penetration, and a significant underbanked population.
According to industry reports, Latin America’s fintech sector attracted $15.7 billion in venture capital in 2021, a nearly fourfold increase from the previous year.
Mexico, in particular, is emerging as a hotspot for fintech growth, with comparisons drawn to Brazil’s fintech boom a few years prior.
Kapital leverages Mexico’s data-rich infrastructure, utilizing tax records, invoicing data, and bank transactions to enhance its AI-driven risk assessment and onboarding processes for SMEs.
This data-centric approach allows Kapital to offer tailored financial solutions, addressing the needs of businesses that traditional banks often overlook due to stringent credit requirements.
The company’s CEO, Rene Saul, emphasized the strategic importance of this funding, stating that Kapital’s profitability and proprietary software, combined with its banking license, position it uniquely in the market.
The focus on AI is central to Kapital’s strategy, enabling more accurate credit evaluations and robust risk management, which are critical in a region where economic volatility and credit cycles pose significant challenges.
Global investors are taking note of Kapital’s approach, particularly its ability to balance AI-driven innovation with the operational demands of a credit-focused fintech.
While AI infrastructure companies often attract speculative investment, Kapital’s model appeals to those prioritizing tangible unit economics and diversified funding sources.
The company’s latest raise comes at a time when investors are increasingly selective, favoring fintechs that demonstrate resilience in the face of high interest rates and macroeconomic uncertainty.
Kapital’s emphasis on compliance and risk control, including a planned $100 million investment to strengthen operations following the acquisition of Intercam assets, further enhances its credibility.
The funding also highlights a growing divide in investor sentiment.
While AI-driven narratives attract equity investors, credit investors remain focused on metrics like advance rates, covenants, and cash flow stress scenarios.
Kapital’s ability to secure capital at a $1.3 billion valuation suggests it is navigating these expectations effectively, positioning itself as a leader in Latin America’s fintech revolution.
As the company continues to scale, its focus on AI and data analytics is likely to help set a benchmark for the region’s financial services industry.