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Announced

SoftBank led a $100m funding round in Konfio.

Synopsis

SoftBank led a $100m funding round in Konfio, an online platform that helps micro-businesses to have access in credit obtain loans. SoftBank is continuing to expand its Mexican portfolio, which now includes used car buying platform Kavak and payments startup Clip. Aside from Mexico, SoftBank has primarily focused its $5bn Latin America fund on Brazil — and recently marked its entry into Argentina with an injection into financial services company Uala in a $150m investment co-led by Tencent.

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