- Qed Investors, an Alexandria, Va.-based venture capital firm, closed a $12m network-driven fund to support seed and pre-seed fintech startups in Latin America
- Named Fontes, the Latin word for fountains, the fund will also expand QED’s reach across geographies, business models and teams
- Commitments to Fontes come largely from QED’s deep network within Latin America – including numerous founders and management of some of the region’s most renowned fintech companies
- Fontes will also invest across the Latin America geography in strong founding teams that are working with a fintech element in the business model
- Investments will supported by QED partners and prominent local entrepreneurs, allowing founders to tap into on-the-ground- knowledge, expertise and resources
- The fund will be led by Bill Cilluffo, QED Partner and Head of International Investment
