Industry News
DFC and FIRA Extend MXN1.8b in Additional Credit Lines to Mexico’s VC-backed Covalto
26 October 2022
(Forbes) Mexico-based fintech Covalto (formerly Credijusto) secured a MXN1.8b (~USD90m) credit line extension from Fideicomisos Instituidos en Relación con la Agricultura (FIRA), bringing the debt facility to a total of up to MXN3.8b (~USD189m). DFC also granted a USD10m unsecured loan to the startup.
You may be interested in...
-
Just Launched: LAVCA 2024 Top & Emerging Women Investors in Latin America
-
Advent International Acquires Colombia’s Siesa; Sapphire Ventures Leads USD120m Series C for Brazil’s Tractian
-
Allianz in LatAm; Across Capital’s ~USD115m Final Close; JICA, DFC, IDB Lab Newest Fund Commitments
-
Nominations Open for LAVCA Deal Awards; BTG Pactual TIG Secures USD500m for Reforestation Strategy