Venezuelan fintech Fina raises $1M seed round
Venezuelan fintech Fina raised a $1M seed round co led by SquareOne Capital and Tomorrow Capital with participation from Norte Ventures, Platanus… The post Venezuelan fintech Fina raises $1M seed round appeared first on LatamList .
Fina, a Venezuelan fintech startup, has successfully raised a $1 million seed round led by SquareOne Capital and Tomorrow Capital, with additional participation from Norte Ventures, Platanus, and Neer Venture Partners. Founded in 2024 by Enrique Rivas, Diego Aponte, Alejandro Fariña, and Sebastián Sánchez, Fina offers cloud-based management software for small and medium businesses in Venezuela.
The platform integrates inventory, sales, accounts receivable and payable, bank reconciliation, and profitability reporting in both bolivars and USD. With the newly acquired funds, Fina plans to develop financial and AI products, with a particular focus on credit solutions for small and medium businesses. Currently, Fina serves over 5,000 active businesses and generates nearly $2 million in annual recurring revenue.
Brief written by urgent.news from LatamList's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
