Weekly Funding Roundup for Top Startups in LATAM - 23rd Week, 2025 (Infographic)
Latin America Witnesses Fintech Boom in Q2 2025
Latin America's tech sector is experiencing a surge, particularly in the fintech industry, with Mexico leading the charge. According to recent data, Mexico has overtaken Brazil as the region's top venture capital (VC) destination, raising $437 million in Q2 2025, compared to Brazil's $350 million [1][3].
The largest fintech deal of the quarter was Klar, a digital bank based in Mexico City, which closed a $190 million Series C round, valuing the company at $800 million [1][3]. Klar serves over two million users and aims to achieve a $500 million revenue run rate by Q3 2025, with potential IPO plans in the future [3].
Other notable Mexican fintechs include Digitt, which raised a $10 million Series A focusing on consumer well-being using AI, and Aviva, backed by BID Lab with $1.5 million in venture debt for AI-powered microloan kiosks expansion [5].
In Brazil, payments infrastructure startup Initiator secured $5.8 million to scale Pix biometric and automatic payment services, commanding significant market share in these segments [2]. Cross-border payments remain a global fintech theme, with US-LatAm remittance startup Felix Technologies raising $75 million to expand WhatsApp and stablecoin money transfers [4].
Beyond fintech, there are signs of growth in other sectors. Agibank, a Brazilian digital bank, raised $358 million through its first Credit Rights Investment Fund (FIDC) [6]. The funds raised by Agibank will support new credit operations. Principia, another edtech and fintech platform in Brazil, secured $34 million in funding, including $14.3 million in extended Series A equity and $19.7 million via FIDCs and securitisation vehicles [6]. Principia automates enrollment, collections, and digital support services for schools, serving over 600 educational institutions and 500,000 students.
Meanwhile, Huna, a Brazilian AI startup, raised $1.5 million to expand its "multi-cancer" screening platform. Huna's algorithms help detect cancers like breast, prostate, cervical, and lung by analyzing routine lab data such as complete blood counts [7]. The round for Huna was led by Kortex Ventures, with backing from big_bets, Niu Ventures, New Ventures Capital, and angel investors.
Rhino, a Brazilian urban mobility startup, raised $1 million in a follow-up round. Rhino announced a strategic partnership with the BTG Pactual Terminal at Guarulhos Airport, offering private, tech-enabled executive transport services [8]. Finnecto, a Chilean SaaS startup, raised $1.7 million in a pre-seed round. The funds raised by Finnecto will be used to scale its product architecture, grow its sales and engineering teams, and deepen its regional footprint across Latin America [9].
While the search results mainly highlight AI startups in fintech and marketing SaaS, there were no direct mentions of major education or healthcare AI funding rounds in LatAm during this period, suggesting either lower recent activity or less publicly reported deals in these sectors. However, Principia is doubling down on AI features, including automated student assignments and deeper financial integrations.
In summary, Q2 and H1 2025 in Latin America are marked by record fintech investments led by Mexican startups like Klar and Digitt, significant AI adoption in fintech and marketing tech, and growth in real estate tech in Brazil, while education, healthcare AI, and mobility sectors remain less publicly prominent in funding news [1][2][3][4][5].
References:
- Crunchbase News
- TechCrunch
- Reuters
- Bloomberg
- Techstars
- Reuters
- TechCrunch
- TechCrunch
- TechCrunch
- The fintech industry in Latin America is not just about money, it's also about health-and-wellness, as Digitt, a Mexican fintech, raised funds to focus on consumer well-being using AI.
- Climate change and environmental-science are not forgotten, as some fintech startups, like Initiator in Brazil, are working on biometric and automatic payment services that could potentially reduce paper usage.
- The boom in fintech investments in Latin America could have a positive impact on personal-growth and career-development, as more jobs are being created in this sector.
- Financially sound businesses can contribute to health-and-wellness, as Huna, a Brazilian AI startup, aims to improve health conditions by detecting various types of cancer through its "multi-cancer" screening platform.
- Technology and artificial-intelligence are essential for the growth of fintech startups, like Klar, which used AI to serve over two million users and aim to achieve a high revenue run rate.
- The surge in Latin America's tech sector also extends to space-and-astronomy, as a Chilean SaaS startup, Finnecto, raised funds to scale its product architecture, potentially opening up new opportunities for space exploration and research.
- Health-and-wellness, finances, and technology are interconnected, as Klar, a digital bank in Mexico City, aims to achieve a $500 million revenue run rate and potentially IPO in the future, which could boost the region's economy.
- Education-and-self-development in Latin America could see a boost due to fintech startups like Principia, which raised funds to automate enrollment, collections, and digital support services for schools.
- Sports, such as football, could also benefit from fintech investments, as Rhino, a Brazilian urban mobility startup, raised funds for private, tech-enabled executive transport services, potentially making it easier for players and teams to travel for league games.
- Latin America's surging fintech industry could encourage investments in other sectors, just like how Agibank's funding will support new credit operations, potentially boosting the real estate market.
- The finance industry and investing go hand in hand, as US-LatAm remittance startup Felix Technologies raised $75 million to expand WhatsApp and stablecoin money transfers, potentially making it easier for individuals to invest and manage their finances.
- The rise of fintech startups in Latin America might inspire more businesses in the business sector to leverage technology, like Finnecto did, to scale and deepen their regional footprint across the continent.
- The surge in fintech investments in Latin America could indirectly contribute to technology advancements, as some fintech startups, like Digitt, are using AI to improve consumer well-being.
- Sports enthusiasts may find opportunities in the financial sector, as the fintech boom in Latin America opens up investment opportunities in football clubs and leagues, such as the Premier League, European Leagues, Champions League, NFL, Serie A, Laliga, and NCAAf football.
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