- Headquarters
- Mexico City
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2C
- Website
- fondeadora.com
- Total Funding
- $16.5M
- Last Round
- $14.0M Series AAug 2020
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 10 investors for this company. The full record is or through the API.
About
Fondeadora is the digital alternative to the traditional Mexican banking system. We know that the current system is broken and we want to fix it. Our mission is to free people from their banks by giving them back control over their money. We want to serve the 54 million Mexicans who are unhappy with their current banks and the 65 million of Mexicans who currently do not have a bank account. Our first product is a mobile banking app and an international Mastercard debit card so you can spend, store and move your money seamlessly, completely fee-free. Join us in this magical mystical ride.
Summary
It lists 51–200 employees. It has raised $16.5M in total across 3 rounds, most recently a $14.0M Series A round in Aug 2020. Investors include Ignia Partners, Gradient Ventures and Gokul Rajaram.
Tech & App Stack
7 technologies & apps tracked
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Funding History
Aug 2020
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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