Latin American financial group Kapital becomes a unicorn

Kapital Grupo Financiero, a global financial institution and the leading artificial intelligence (AI)-powered platform for businesses in Latin America, announced the successful closing of its US$86 million Series C financing round . With this transaction, the company doubled its valuation to US$1.3 billion in less than two years and reached break-even point.

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The round was led by Tribe Capital and co-led by Pelion Ventures, with participation from Y Combinator, Marbruck Ventures, and True Arrow. The new capital will accelerate the construction of Kapital Grupo Financiero's unified, AI-powered financial ecosystem, designed to maximize the performance of businesses in the region. From its inception, Kapital was conceived as a technology-based bank, structured from the ground up as financial infrastructure, rather than as a legacy institution with fragmented platforms. Each system was designed to be efficient, scalable, and automated. This foundation has allowed it to develop products natively, as well as acquire traditional financial institutions, dismantle their outdated infrastructure, and rebuild them on its own platform. The result: higher margins, longer customer retention, and lower loss rates compared to fintechs that lack a banking license or their own infrastructure.

“We are very proud to join the small group of unicorns emerging in Latin America. Kapital Grupo Financiero reached profitability in less than two years, and our growth continues to accelerate thanks to the unique combination of a banking license and proprietary software,” said René Saul, CEO and co-founder of Kapital Grupo Financiero. “By adopting a regulatory approach from the outset and ensuring that every step of our expansion is aligned with government regulations, Kapital Grupo Financiero is setting a new standard for technology banking in the region,” he added.

This strategy has allowed Kapital to scale its balance sheet to $3 billion and expand its reach to 300,000 clients in Colombia, Mexico, and the United States.

“What makes our model possible is not just capital, but our ability to modernize our infrastructure through advanced AML/KYC compliance, machine learning, and AI-powered risk systems. Kapital Grupo Financiero is consolidating its position as the most visionary technology bank in the region, built on a foundation that is both financial and technological, designed to multiply advantages with each product, acquisition, and client we add to the platform,” added Fernando Sandoval, the company's CFO.

Kapital Grupo Financiero has been recognized by the World Economic Forum as a Technology Pioneer in 2024 and 2025, and in 2024 was included in the CNBC Disruptor 50 list.

Impact in Colombia

For Kapital, achieving a unicorn valuation represents much more than a corporate milestone: it's the validation of a model focused on SMEs in Latin America. In Colombia, where the company does not operate as a bank but as a strategic partner for small and medium-sized businesses, this achievement translates into greater support, more investment in technology, a more solid value proposition, and greater trust within the ecosystem.

The capital injection and the development of artificial intelligence-based solutions will strengthen existing services in the country , such as digital credit and business management tools, helping SMEs make faster and more accurate financial decisions. Kapital's purpose in Colombia remains the same: to open the doors to growth for Colombian companies by offering them simple, accessible solutions tailored to their needs. This milestone will allow it to strengthen that mission in the country, reinforcing its value proposition for local SMEs.