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The Nexus
BUSINESSJul 23 · 09:56 UTCTHE RIO TIMESAna Clara Santos

Salvadoran Fintech Ábaco Lands $53M to Expand SME Lending

Salvadoran digital factoring fintech Ábaco secured a $53 million seed round combining equity and debt to expand SME lending. The funding follows a $4 million pre-seed round led by venture funds such as Mercy Corps Ventures and Invariantes Fund, with additional support from Pomona Impact Fund II.

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ÁbacoorganizationSalvadoranplaceMercy Corps VenturesorganizationInvariantes FundorganizationPomona Impact Fund IIorganizationSME Lendingtopic
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