August 2, 2021 | News of Chile in the World

Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels

Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels | Marca Chile

Chilean startup Xepelin, which has created a financial services platform for SMEs in Latin America, has secured $30 million in equity and $200 million in credit facilities.

LatAm venture fund Kaszek Ventures  led the equity portion of the financing, which also included participation from partners of DST Global and a slew of other firms and founders/angel investors. LatAm- and U.S.-based asset managers and hedge funds — including Chilean pension funds — provided the credit facilities. In total over its lifetime, Xepelin has raised over $36 million in equity and $250 million in asset-backed facilities.

Read more here. 

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