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# Xepelin raises $111 million in Series B in funding
- URL: https://www.techloy.com/chilean-fintech-company-xepelin-raises-111-million/
- Published: 2022-05-05T06:48:01.000Z
- Updated: 2022-12-07T22:36:41.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Chile

Chilean fintech company, [Xepelin](https://xepelin.com/) has raised $111 million in series B funding led by Kaszek and Avenir funds. Paypal Ventures, Wellington, DST Global Partners, Battery Ventures, MSA Novo, Endeavor Catalyst, FJ Labs, Picus, Amarena Gunderson, Carlos Garcia, Cathay-Seaya Latam, and Gilgamesh also participated in the funding round. 

- Xepelin is a software-as-a-service platform organizing financial information for small and medium sizes businesses in real-time.
- Launched in 2019, the fintech company has raised $457 million in total funding.
- The company targets increasing access of Latin American companies to financial services.