Lumx raises $3.4 million in a funding round led by Indicator Capital and CMT Digital to enhance product development and expand operations in Latin America.
Oct 19, 2025•8 days ago
Amount Raised
$3.4 Million
Investors
Allan SchmittCarlos SouzaChuk OkpalugoJoshua WeissArnold LeeCaf Ventures (Cafe)NomadBitsoAntlerHoney IslandCmt DigitalIndicator Capital
Description
Lumx has raised $3.4 million in a funding round led by Indicator Capital and CMT Digital. The proceeds will be used to enhance product development and expand operations. Established in 2022, Lumx is focused on building infrastructure for stablecoins in Latin America. Their technology connects traditional banking systems with digital assets, improving transaction efficiency.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers