Funded Financial Services Startups in Chile
Across these 24 Chile-based financial services entries, the largest disclosed round is Xepelin’s $140M debt financing on 2022-09-09, which dwarfs the next-…
Across these 24 Chile-based financial services entries, the largest disclosed round is Xepelin’s $140M debt financing on 2022-09-09, which dwarfs the next-largest disclosed amounts (Migrante’s $80M on 2022-03-29 and Betterfly’s $125M on 2022-02-01). Most disclosed figures cluster far lower, with multiple pre-seed/seed rounds under $6M (e.g., Relif’s $400K on 2024-07-18; Kredito’s $6M on 2022-12-01), so the disclosed range is strongly right-skewed.
Geographically, 22 of 24 rows are in the Santiago/Greater Santiago metro (often specifically “Santiago” or nearby communes like Las Condes, Lo Barnechea, Vitacura, and multiple entries), with only two outside that group (EmbedX in Viña Del Mar on 2023-03-03 and EmbedX listed location). Temporally, the displayed rounds span 2021-06-25 (Fintual) through 2025-05-01 (NICO Seguros), with the most recent year showing a tight stack of raises from 2025-01-01 to 2025-05-01.
Most recent rounds
24 shownRelated listings
Frequently asked
What disclosed round is the outlier in this list, and how much larger is it than the next-largest disclosed amounts?
Xepelin’s $140M debt financing (2022-09-09) is the clear disclosed outlier, sitting above Betterfly’s $125M (2022-02-01) and Migrante’s $80M (2022-03-29). The remaining disclosed rounds include several that are in the low single-digit millions or below, such as Kredito’s $6M (2022-12-01) and Relif’s $400K (2024-07-18).
How concentrated are these deals in time, based on the most recent year window shown?
In the most recent period displayed, multiple rounds land within a four-month band: NICO Seguros ($950K, 2025-05-01), Toku ($48M, 2025-04-17), and Maxxa ($11M, 2025-01-23) plus the January 2025 date (Xpendit on 2025-01-01, undisclosed). That clustering contrasts with the 2021–2022 cadence, where there are still large rounds (e.g., Betterfly $125M on 2022-02-01 and Xepelin $140M on 2022-09-09) spread across multiple quarters.
Which geography dominates these rows, and are there any notable non-Santiago locations?
Santiago-related locations dominate: entries are repeatedly listed as Santiago in Region Metropolitana, and several are in nearby communes like Las Condes, Lo Barnechea, and Vitacura. The only clearly non-Santiago metro location in the rows shown is EmbedX in Viña Del Mar (2023-03-03, $140K).
What proportion of rows has missing or ‘unknown’ disclosed amounts, and which companies show it?
Undisclosed amounts appear in five of the 24 rows: Xpendit (Seed, 2025-01-01), Yumitpay (Seed, 2023-05-10), LedgiFi (2023-04-25), Sugarblock (Pre-Seed, 2022-07-29), and Cordada’s companion? (No—Cordada is disclosed at $15M on 2022-08-02). These undisclosed entries prevent a clean comparison of stage-to-dollar size, especially around 2025’s Seed activity (Xpendit, 2025-01-01).
Does stage naming concentrate around ‘Seed’ and nearby early stages versus later rounds?
Early-stage labels are frequent: Seed appears for NICO Seguros (2025-05-01, $950K), Xpendit (2025-01-01, undisclosed), Btrust (2024-05-17, $2M), Galgo is ‘Series Unknown’ (2023-10-10, $40M), Kredito (2022-12-01, $6M), Levannta (2022-11-08, $2M), EmbedX (2023-03-03, $140K), and more. Later rounds do exist but are fewer by label in this slice, with large disclosed examples like Betterfly’s Series C ($125M, 2022-02-01) and Toku’s Series A ($48M, 2025-04-17).
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