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PayPal Ventures: Invests in Xepelin $111 Million Series B, Led by Avenir and Kaszek

PayPal Ventures: Invests in Xepelin $111 Million Series B, Led by Avenir and Kaszek

  • PayPal ventures believe that now is the time to democratize financial services
  • Xepelin is a Latin American SMB-focused FinTech. Founded in 2019 by Sebastian Kreis and Nicolas de Camino
  • Announced it has raised an $111 million Series B funding round led by Avenir and Kaszek
  • This equity fundraise comes less than a year after its successful $230 million Series A, the largest in Latam history
  • Leading the shift to digital in B2B by scaling payments infrastructure and a regional platform for SMBs
  • The company’s mission is to be the “Digital CFO for B2B Companies” and has started by solving B2B payments
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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