Xepelin raises $111 million in Series B in funding

Oluwajuwonlo Afolabi -

Chilean fintech company, Xepelin 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.