Kapital raises $125m in a Series C extension for its AI business bank
The mixed equity and debt financing will support Kapital’s financial platform and expansion across the Americas and Europe.
Financial operations for growing businesses
Kapital combines business accounts and payments with credit, cards and cash-flow tools. Companies can manage day-to-day finances and financing in one platform, while AI and analytics support planning and financial decisions.
The $125 million Series C extension combines equity and debt, according to LatamList. Kapital plans to develop its AI platform and analytics suite and expand across Mexico, Latin America, the United States and Europe, taking its business-finance product into additional markets.
Use of funds
Develop its proprietary AI platform and data analytics suite and expand across Mexico, Latin America, the United States and Europe