Fintual
2641 Los Conquistadores, Providencia, Santiago Metropolitan, 7520198, Chile
Overview
Fintual is an automated passive investment platform founded in 2018 that allows average consumers in Chile and Mexico to invest in mutual funds containing ETFs. The company charges a 1% annual fee, does not require a minimum investment, and permits users to withdraw funds at any time with no penalties. It was the first Chilean startup accepted into Y Combinator and has grown to serve 57,000 clients across Chile and Mexico. Fintual has positioned itself as a low‑cost alternative to traditional mutual funds in the region and attributes growth to its user experience and product design. The company plans to use recent funding to expand operations in Mexico, enter Colombia and Peru, and grow its tech team.
- Total raised
- $15M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Jun 2021
Industries
- Asset Management
- Finance
- Financial Services
- FinTech
- Personal Finance
Recent funding
Equity
Jun 2021
$15M