Mexican fintech company Kapital has secured $125 million in additional equity and debt financing, positioning the firm to enlarge its artificial intelligence tools and push further into markets at home and overseas.
The Mexico City–based lender, which describes itself as one of Latin America’s largest business-to-business financial institutions, said the package extends its 2025 Series C raise.
Tru Arrow Partners led the equity portion. Fasanara Capital supplied debt intended to support lending.
Cervin Ventures, Niya Partners, and Overlook Capital also joined the equity side.Kapital plans to put the money into its in-house AI platform and related data analytics.
Management says those systems help small and mid-sized companies handle operations, credit, and cash flow more efficiently than traditional banks typically allow.
The company also intends to speed expansion in Mexico and the United States while pursuing additional opportunities in other Latin American countries and Europe.
Chief executive and co-founder René Saúl framed the raise as support for a model that is already profitable.
He said Kapital aims to give growing businesses access to financial capabilities that were long reserved for large corporations, and that the new capital will let the firm scale that effort while improving operating leverage.Investors echoed that view.
Fasanara Capital founder Francesco Filia pointed to Kapital’s growth, its AI and data advantages, and demand for its products.
Tru Arrow Partners co-founder Adam Silverschotz cited the combination of regulated banking infrastructure, financial discipline, and applied artificial intelligence.
The announcement coincided with first-half 2026 results that underscored why backers were willing to add capital.
Net income reached about $50 million.
The loan book rose 220 percent year over year to more than $1.7 billion.
Deposits climbed 234 percent to more than $3.5 billion.
The non-performing loan ratio stood at 2.86 percent and the efficiency ratio at 34.9 percent—figures the company presented as evidence that it can grow without sacrificing credit quality or cost control.
Kapital now serves more than 350,000 customers across Mexico, the United States, Europe, and other Latin American markets.
Last September it closed a Series C of up to $110 million that valued the company above $1.3 billion and made it Mexico’s first AI-focused unicorn.
It is among a small group of Mexican startups with that status and has twice been named a Technology Pioneer by the World Economic Forum.
The firm’s path has mixed software with traditional banking licenses. In 2023 it acquired Banco Autofin to obtain a banking charter more quickly than starting from scratch.
It later absorbed selected brokerage, asset-management, and operational banking assets from Intercam.
That hybrid structure—licensed deposit-taking plus proprietary technology—has helped it fund rapid loan growth.
For Latin American small businesses, fragmented banking, limited credit, and uneven cash-flow tools remain common obstacles.
Kapital’s pitch is that real-time invoice and transaction data, processed through AI, can underwrite risk and manage working capital more precisely than legacy institutions.
The latest financing is meant to test that approach at larger scale, especially in the US small business credit market.
Whether the model travels as cleanly outside Mexico will depend on regulation, data access, and credit performance in new jurisdictions. For now, the company enters the next stage with a larger balance sheet, reported profitability, and fresh capital earmarked for technology and geographic reach.