UnDosTres’ $6.5 Million Round Funding

LegalMindMX, Greenberg Traurig and Garrigues advised on the deal

UnDosTres (https://www.undostres.com.mx/), the digital platform that allows its users to make online payments easily, instantaneously and safely, receives an investment co-led by IGNIA and Dalus Capital, as well as other investors including InnoCells, the corporate venture vehicle of Banco Sabadell.

The innovative solution offered by UnDosTres eliminates the inefficiencies related to the use of cash. Today, many Mexicans waste valuable time queueing to withdraw cash from ATMs and pay for services at banks and convenience stores. The use of cash also exposes them to loss and theft.

The capital raised will allow UnDosTres to continue developing its platform and add new services available for payment. The Company’s vision is to create a payment ecosystem that is useful for any user at any time of day: whether paying for transportation in the morning or purchasing movie tickets on the weekend.

IGNIA Partners, LLC is a venture capital firm specializing in early venture, mid venture, late venture, and growth capital investments.

Dalus Capital is a venture capital firm specializing in early venture and growth capital investments in the Fintech sector.

Geenberg advised Igna and Dalus Capital with a team including Arturo Pérez-Estrada (Picture) and Gabriel Lozano.

Garrigues advised InnoCells with a team including Mario E. Juárez Noguera and Miguel Ángel Rocha Romero.

LegalMindMX advised UnDosTres with a team led by Bernardo Tamez.

Involved fees earner: Mario E. Juárez Noguera – Garrigues; Miguel Ángel Rocha Romero – Garrigues; Arturo Pérez-Estrada – Greenberg Traurig; Gabriel Lozano – Greenberg Traurig;

Law Firms: Garrigues; Greenberg Traurig;

Clients: Dalus Capital; IGNIA Partners, LLC; InnoCells;

Author: Ambrogio Visconti.