Kaszek Ventures leads a $15 million round in Chilean property management start-up, Fintual
Like other monetary sectors in Latin America, the retail investing space is getting a facelift by local tech start-ups that are cashing in on the untapped capacity for democratizing property management in the region
. One of those startups is Chilean-based Fintual, which today revealed a$15 million round led by Kaszek Ventures, the largest fund […]
Larré had been a portfolio manager at Banco Itau, Brazil’s biggest bank by total possessions, and he saw the space in the market: investing was not set up for the average individual.”I liked the concept of challenging the monetary banks, and you can’t do that without technology. While standard shared funds in Chile and Mexico charge up to 6.45% and 5% annually, Fintual charges 1% every year of properties handled. In 2018, the company was accepted into Y Combinator and became the first Chilean start-up to go through the prominent accelerator. To date, the company has raised about$15.2 million….
Recent Comments