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Santander InnoVentures Invests in a55

Santander InnoVentures Invests in a55

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FintechNews RoundupUSA
··1 min read

Santander InnoVentures has led a $5 million round in the SME lender a55; a55 currently lends in both Brazil and Mexico, offering revenue-backed credit lines; the company looks to be the financing provider for service-based businesses across Latin America, but has started with SaaS businesses; they most recently launched in Mexico; a55’s underwriting looks at a platform which connects to a variety of data sources; borrowers have access to a monitoring dashboard where they can get further insights into their business; Santander InnoVentures believes that the current environment will accelerate consumer habits as it relates to digital and subscription models; this is their fourth investment in Latin America. Finextra

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    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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