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Bitso Leads Latin America into the Future of Currencies with a $62-million Investment from Kaszek Ventures and QED Investors

Dec 09, 2020•almost 5 years ago

Amount Raised

$62 Million

Mexico City

Description

Bitso, Latin America’s leading crypto platform, founded in 2014, today announced that it closed a $62 million Series B round led by distinguished investment firms Kaszek Ventures and QED Investors. This reunites two of the most successful venture funds in the fintech industry and in Latin America who have successfully worked together on market leaders including Nubank, Creditas, QuintoAndar and Kavak and expect to add Bitso to that list as well. Nigel Morris from QED and Nicolas Szekasy from Kaszek have joined the board. Existing shareholders Coinbase Ventures and Pantera Capital also joined the round.

Company Information

Company

Bitso

Location

Mexico City, Mexico City, Mexico

About

Bitso is Latin America’s leading Financial Services company powered by crypto. With millions of clients, we are leading the financial revolution with borderless, secure, transparent, and accessible financial products. With the mission to unlock the power of borderless, secure, and easy-to-use financial products by making crypto useful, we are committed to empowering the region with universal access to the digital economy of the future and enabling a fairer monetary system.

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