The Venture Codex

Participated · Equity · Jul 2026

Ábaco is a Salvadoran fintech specializing in digital factoring for small and medium-sized enterprises (PYMEs). The company enables SMEs to access liquidity by digitizing and financing receivables. In its announced Seed round it raised $53 million in a mix of equity and debt, a notable capital infusion for an early-stage regional fintech. Reporting highlights the raise as a historic milestone for El Salvador and Central America, though specific operating metrics, revenue figures, or user counts were not disclosed. Details on future product plans or exact use of proceeds were not provided in the articles.

Participated · Seed · Dec 2025

Grupalia is positioning itself as a neobank for microbusinesses in Mexico and has launched a digital group loan as its first proprietary product. That product has already reached more than 40,000 local businesses. The company was founded by Roger Rea (CEO), formerly CEO & co-founder of Mexican fintech Atrato, and Ramón Echeverría (CTO), formerly a software engineer at Platanus Ventures. Grupalia publicly came out of stealth six months ago after operating previously under the radar. The team comprises more than 20 people, and the company is aiming for $10M in annualized revenue. Its recent fundraising (a $7.7M Seed following a $4.8M Pre-Seed) is intended to accelerate its path toward becoming a neobank for micronegocios.

Participated · Seed · Nov 2025

TOHKN is building a regulated digital platform that fractionalizes real-world assets—such as early-stage startup equity, corporate debt, international stocks and even precious metals—into blockchain-based tokens. By lowering minimum tickets to 25 USDT, it aims to open opportunities historically limited to institutional or accredited investors. The company will operate on the infrastructure of MIO3, a registered Digital Asset Service Provider supervised by El Salvador’s Comisión Nacional de Activos Digitales, giving it a clear regulatory framework from day one. A private beta is about to launch, allowing early users to explore features and receive updates on forthcoming public offerings. The founding team, drawn from Hugo App, n1co and MIO3, has prior experience scaling fintech and tokenization initiatives across the region. Financially, TOHKN has secured US$3.8 million in private pre-seed funding and plans to add up to US$1 million more through a community-facing public tranche. These funds will be used to complete product development, obtain regulatory approvals for the public offering and accelerate regional rollout.

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.