Kapital's recent $165 million fundraising marks a significant expansion for the Mexico City-based banking and technology platform.

Targeting Latin America's small and medium-sized businesses (SMBs), Kapital will enhance its products, incorporating payroll, benefits, and treasury management. This venture coincides with a dire need for accessible SMB financing, as only 47% report access to essential credit.

Kapital leverages AI and data analytics to revolutionize enterprise tech for SMBs, offering solutions typically reserved for large corporations. As they continue to underwrite loans with AI, their reach extends across Latin America, serving over 80,000 customers.

With SMBs comprising 90% of global businesses yet significantly underserved in banking credit, Kapital's growth aligns with broader industry trends of financial technology companies filling market gaps. Their fusion of AI with financial services positions them at the forefront of innovation, aiming to revolutionize SME financing in Latin America.