Participated · Seed · Feb 2024

YoFio is a fintech platform created to unlock technology-driven financing for underserved and underbanked micro businesses in Mexico. Its technology and a wide wholesaler partnership network enable an easier, faster, more competitive and more flexible offering for clients. The company has disbursed US$8 million in digital loans. YoFio states it aims to grow its portfolio to US$5 million this year. The platform is positioned to help close the financial inclusion gap for micro-enterprises in Mexico. Recent financing (equity and debt) is intended to support its growth and operations as it scales.

Participated · Equity · Feb 2024

Techreo is a digital financial services platform that provides comprehensive financial services in Mexico. Led by CEO and co-founder Iliana de Silva, the company launched in 2022 and has attracted users in Mexico and Bolivia. Since launch it has completed prior capital raising of $6.0M. In June 2024 Techreo raised $3.4M in bridge funding. The company plans to use the funds to expand the platform into Bolivia and to focus growth on Peru, Colombia, Ecuador, and the Hispanic population in the United States. The raise is positioned to support regional expansion and additional user acquisition.

Participated · Seed · Jul 2023

Licify provides digital supply-chain management software and financial solutions tailored for the construction industry, covering procurement planning, bidding, billing, and payment conciliation. Led by CEO Fernando Olloqui, the company offers products that streamline procurement and payments to enhance efficiency and drive economic growth. Licify raised $3.4M in a seed funding round to support its growth plans. The company intends to use the funds to expand into Mexico, further enhance its product offerings, develop strategic partnerships, and drive adoption of its digital payments services. Prior funding rounds helped Licify scale to over 17,000 clients in Colombia and facilitate more than $2 billion in business between builders and its supply chain in the last two years.

Participated · Seed · Feb 2023

Founded in 2020 and headquartered in Miami, Quash.ai builds software that refines internal and external data into predictive, institution-specific credit models. Its three core products include an Inclusion Score that incorporates alternative data such as subscription payments and mobile-carrier history, a real-time predictive decision engine that personalizes loan approvals and pricing, and a GenAI-powered credit agent for model simulation and reporting in a compliant environment. The company’s technology aims to move lenders beyond static credit scores toward dynamic, borrower-specific insights. Quash.ai currently employs about 40 people and operates largely remotely. Management projects the platform will be in use at more than 250 financial institutions by 2026, with a near-term focus on serving U.S. credit unions that are struggling to attract younger members. Since inception the company has raised roughly $7 million, including the most recent $2.6 million round that values the business at $35.6 million post-money. The fresh capital will be used to deepen penetration in the credit-union segment and enhance product capabilities.