Mexico-Based mostly Fintech Flink Raises $12 Million By way of Collection A Funding Spherical Led By Accel & ALLVP

Flink, a Mexico-based fintech, introduced this week it raised $12 million by way of its Collection A funding spherical, which was led by Accel and ALLVP with participation from Raptor Monetary Group, Clocktower Ventures, Kevin Efrusy, and Oskar Hjertonsson,

Based in 2017, Flink claims to be the best technique to make investments, save, and use cash. The corporate revealed:

“At Flink we consider that the monetary system in Mexico ought to work for everybody, not only for part of it. Throughout the previous couple of months, our crew has been impressed by the curiosity, help and enthusiasm for Flink, as our product has grown considerably, reaching a million customers and consolidating Flink as one of many quickest rising monetary companies in Mexico.”

Commenting on the funding, ALLVP shared:

“We consider Flink is completely different from gamers in additional established markets due to the maturity of its buyer base: Flink is making a market.”

Flink additionally famous that it has reached greater than 1 million “Flinks” in the previous couple of weeks. With regard to what the Collection A funding can be used for, Flink added:

“As extra folks select Flink, we proceed to give attention to enhancing the expertise we provide. With this spherical of funding, we are going to proceed engaged on scaling the platform, constructing new merchandise that add worth and we are going to develop the crew to have the ability to fulfill the demand, meaning hiring the very best abilities to assist us construct the very best monetary expertise.”