Finnovista.vc, a leading venture capital fund in Latin American fintech, marks four successful years investing in startups and announces the upcoming launch of Fund II to capitalize on the fintech 2.0 wave.

Target Information

Finnovista.vc, a venture capital fund founded in 2017, has successfully established itself as a key player in the Latin American fintech landscape. With a keen focus on identifying and empowering top entrepreneurial teams, Finnovista.vc has nurtured 42 startups across six cohorts in its initial investment period until 2020. The fund's strategic investments have already yielded significant returns, further confirming its status as the most active fintech investor in the region with a capital deployment of just $5 million.

Throughout its four years, Finnovista.vc has achieved remarkable milestones, with successful exits in 2021 such as Dapp, the QR payment aggregator, which provided over 62x returns to investors, and Flink, Mexico's largest neo-broker, which secured over 100x returns during its Series B funding round. The portfolio continues to harbor notable leaders in digital finance across Latin America, affirming the fund's dedication to innovative fintech solutions.

Industry Overview in Latin America

The fintech industry in Latin America, especially in countries like Mexico and Brazil, is experiencing exponential growth, driven by technological advancements and an increasing demand for digital financial services. Traditionally hindered by legacy system