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Kueski Banks $35 Million Equity Venture Capital

Monday, April 25, 2016 5:45:00 AM PDT | VentureDeal



Guadalajara, Mexico  --  Financial services technology company Kueski has received $35 million in expansion venture capital financing.

Kueski wants to become the leading online lender for the middle class of Mexico and Latin America.

It uses analytics to approve and deliver loans in minutes rather than through legacy processes.

Richmond Global and CrunchFund co-led the round, which also included Victory Park Capital, Angel Ventures Mexico, Core Ventures Group and other undisclosed investors.

The company said it would use the funding to accelerate its portfolio growth, expand its team and extend its geographical presence throughout Latin America.

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