Kapital Secures $125 Million to Accelerate AI Banking Push Into US and Europe
Kapital Secures $125 Million to Accelerate AI Banking Push Into US and Europe #
Mexican fintech Kapital has raised $125 million in new financing, split between equity and debt, to fund further development of its artificial intelligence platform and expand into the United States and Europe.
Tru Arrow Partners led the equity portion of the round, with London-based Fasanara Capital providing a dedicated debt facility to support Kapital’s lending operations. Cervin Ventures Management, Niya Partners KP, and Overlook Capital also joined the equity round, according to a company press release issued Wednesday.
The new financing extends the Series C Kapital closed in September 2025, when it raised up to $100 million at a $1.3 billion valuation, which the company said made it Latin America’s first AI unicorn. The additional capital will go toward its AI underwriting model, a broader product lineup, and expansion across Mexico, Colombia, Spain, and the United States.
Kapital released first-half 2026 financial results alongside the announcement. The company reported roughly $50 million in net income for the period. Its loan portfolio grew 220% year-over-year to $1.7 billion, and deposits more than tripled to $3.5 billion, up 234% from the same period a year earlier.
Kapital uses invoice and transaction data to underwrite loans for small and medium-sized businesses, a segment the company says is often underserved by traditional banks. It currently operates in Mexico, Colombia, Spain, and the United States.
Fasanara Capital founder and CEO Francesco Filia said in the press release that the financing reflected confidence in Kapital’s AI capabilities and the demand for its products among small and medium-sized businesses.
The new capital is intended to support what the company describes as a controlled international expansion, focused in part on the US SMB lending market, where Kapital will need to adapt its invoice-data underwriting model to a different regulatory and competitive environment than its home market in Latin America.
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