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a55 is the first revenue based lender financing the growth of digital and service-based SMEs in Brazil and Mexico through a platform connecting credit, billing, bank accounts, financial management and commercial intelligence.
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Fintech a55 snags US$2M to scale lending solutions to SaaS businesses
Contxto – Five months later and once again fintech a55 raised funding. This week, the lending startup announced it closed US$2 million through E3 Negócios. It will use the investment to expand its team from 60 people to an eventual 100 by next year. Last May, a55 announced it closed US$5 million through Santander InnoVentures […]
Santander InnoVentures re-brands as Mouro Capital and gains US$400M for startups
Contxto – Santander InnoVentures, the investment arm of Spanish bank Santander, is undergoing some serious innovations of its own. On Friday (11), it announced that it’s re-branded into Mouro Capital. Furthermore, it’s not just a matter of name-changing. It’s also shaking up the way it will approach entrepreneurs and funding in general. And to kick […]
Santander InnoVentures leads US$5 million investment in a55
Contxto – Santander Bank’s corporate venture capital (VC) arm, Santander InnoVentures led a US$5 million investment in Brazilian fintech a55. Yes, yet again there’s a loaning startup that’s raised capital. But a55 has a very specific market and a different approach when it comes time to charge borrowers. A55’s got its eye on SaaS streams […]