SoftBank-Backed Lender Becomes Mexico Unicorn Worth $1.3 Billion
- Konfio raised $110 million in extension of Series E round
- Fintech is now Mexico’s 4th unicorn after funding round
CEO and Founder of Konfio.
This article is for subscribers only.
Small-business lender Konfio Ltd. has become Mexico’s fourth unicorn with a $1.3 billion valuation following a fresh funding round.
Softbank Group Corp. participated in the $110 million extension of a Series E round announced on Wednesday, which was led by Tarsadia Capital and QED Investors.