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Mexico’s Konfio Raises $125 Million From Lightrock, SoftBank

  • Lender looking at acquisitions to increase services to clients
  • Mexican firm provides quick loans to smaller businesses

Mexican small-business lender Konfio Ltd. raised $125 million from investors and will use part of the proceeds to acquire other technology companies.

London-based fund Lightrock led the contributions, while Japan’s SoftBank Group Corp., which was already a Konfio investor, also participated, Konfio said in a statement. It didn’t disclose the individual amounts invested.