BlenCap seeking US$50m funding for south American FinTech firm

Blencathra Capital has been mandated as sub broker on behalf of a market leading Fintech firm to secure a cUS$50m funding line to boost the rapid growth of current operations in the consumer credit space in South America and Spain.

Headquartered in Argentina, the firm has commenced operations in Uruguay and Spain in 2018 and is looking to open an office in Mexico by the year end 2019.