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Sequoia Capital Leads $39 Million Round to Back Chilean Fintech Startup

  • Chilean startup Fintual will use the funds to expand in Mexico
  • Fintual CEO Pedro Pineda speaks in exclusive interview

A Chilean asset manager with funds named after Hollywood stars, such as Conservative Clooney, Moderate Pitt, Risky Norris and Very Conservative Streep, is Sequoia Capital’s latest bet in Latin America’s burgeoning fintech industry.

Fintual Inc. secured $39 million from investors led by Sequoia with funds mostly going to speed up its growing Mexican operations, founder and chief executive officer Pedro Pineda said.