Kapital SmartBank

Provides SMBs and their employees with next-gen mobile banking application and financial services.

Launch date

Jun 2012

Employees

Market cap

Enterprise valuation

Mexico City Mexico (HQ)

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023
Revenues	2.5m	4.1m	6.5m	8.9m	28.8m
% growth	-	64 %	59 %	37 %	224 %

Date	Investors	Amount	Round
Jun 2012	N/A	$2.7m	Early VC
Feb 2020	N/A	$1.3m	Angel
Jun 2020	N/A	$1.5m	Seed
Nov 2021	Y Combinator Telesoft Partners Soma Capital Pioneer Fund TRUE Capital Management Broom Ventures	$6.5m	Seed
Mar 2022	TRUE Capital Management	N/A	Seed
Sep 2022	Enabling Qapital	$52.0m	Debt
Nov 2022*	Sivo Finance	$100m	Lending Capital
May 2023*	Accial Capital	$45.0m	Debt
May 2023*	Arash Ferdowsi Tribe Capital Pioneer Fund Marbruck FoundersX Ventures TRUE Capital Management MyAsiaVC Broom Ventures Kube VC Niya Partners	$20.0m	Series A
Dec 2023*	Cervin Ventures Alumni Ventures Tribe Capital MS&AD Ventures Tru Arrow Partners	$40.0m	Series B
Dec 2023*	N/A	$125m	Debt
Total Funding		€65.5m

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Kapital SmartBank Sep 2023

Financials