Octubre 6, 2023 - < 1 min

Fynsa AGF participates in the largest local capital raising of 2023

The alliance between Fintech Galgo and Fynsa AGF continues to strengthen their commercial ties, now with a view to Latin American expansion.

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Galgo - the Chilean Fintech that seeks to give access to credit to unbanked foreigners- has successfully closed its US$ 40.8 million US$ 40.8 million with the Mexican fund Nazca and the participation of the Colombian group Auteco.

The company, Ex Migrante, is positioning itself in Latin America as one of the main marketplaces for motorcycle sales and financing, in addition to standing out for being a company focused on generating social impactby providing access to credit for the first time to more than 15 thousand people, greatly improving their quality of life. quality of life..

Since the beginning of this project, Fynsa AGF has participated in the structuring of the Fynsa Migrante private debt fund, raising more than US$ 30 million more than US$ 30 million. Pioneers in investments of this category, the fund manager continues to bet on the success of the Galgo project, now in its expansion process to Mexico.

As a company, we participated in the 2023 round through a SAFE (Simple Agreement for Future Equity) contract corresponding to Galgo's future series B, strengthening our commercial alliance with a view to Latin American expansion.

The Galgo-Fynsa AGF alliance continues to strengthen its commercial ties, always with a focus on profitability and business sustainability. focus on profitability and business sustainability.