Konfío’s $100 Million Financing

Gunderson Dettmer advised Konfio on the operation.

Konfio, a Mexico-based online financial services platform for small and medium businesses, raised $100 million in a new financing. The funding round was led by SoftBank and with participation from existing investors QED Investors, Kaszek Ventures and Vostok Emerging Finance Ltd.

In the announcement of the funding Konfio investment relations director Gregorio Tomassi told Bloomberg that the fresh funds will be used to expand working-capital loans and introduce new products.

The Gunderson Dettmer deal team was led by Daniel Green (Picture) and included Bradley Krack, Katy Alexander, Catherine Kwon, Jessica Furr and Travis Glock

Involved fees earner: Katy Alexander – Gunderson Dettmer; Jessica Furr – Gunderson Dettmer; Daniel Green – Gunderson Dettmer; Bradley Krack – Gunderson Dettmer; Cathy Kwon – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: Konfio Ltd;