Participated · Equity · Jun 2022

KEO World is a B2B Buy Now, Pay Later fintech that provides inventory financing and credit solutions for small and medium-sized businesses through its Workeo platform. Workeo issues SMEs a virtual KEO card and credit line after a digital approval process and enables suppliers to offer inventory financing instantly without systems integration. Founded in 2020 and headquartered in Miami, KEO operates in the U.S., Mexico, Colombia, Peru, Ecuador, and the Dominican Republic and currently supports over 16,000 businesses in the U.S. and LATAM. The company plans to use new capital to expand Workeo across the USA and LATAM, enhance its infrastructure and proprietary BNPL platform, and scale its SME inventory financing programs. Management reports strong transaction growth and increasing SME adoption of its all-digital credit solution. KEO has also strengthened its team with new senior hires and corporate governance changes following the financing.