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Jefa Raises $2 Million For Its Challenger Bank For Women In Latam

Nov 26, 2021almost 4 years ago

Amount Raised

$2 Million

Round Type

seed

Description

Fintech startup Jefa has raised a $2 million seed round to build a challenger bank with a product specifically designed for women living in Latin America and the Caribbean. The company has managed to attract 115,000 women on its waitlist and participated in TechCrunch’s Startup Battlefield last year.

Company Information

Company

Jefa

About

The company has managed to attract 115,000 women on its waitlist and participated in TechCrunch’s Startup Battlefield last year. In addition to this founding round, the startup has also signed a deal with Visa. When Jefa launches, the company will let you open a bank account for free from a mobile app. The startup plans to roll out its product in Mexico first, then Colombia and Central America. Jefa isn’t the first challenger bank trying to branch out from the unified banking offering. Jefa is a challenger bank for women without a bank account