Kaszek and Avenir led a $111m Series B round in Xepelin.

Kaszek, a venture capital firm, and Avenir, a private equity investment firm, led a $111m Series B round in Xepelin, a B2B fintech that offers SME financial services platform, with participation from PayPal Ventures, Wellington, DST Global Partners, Battery Ventures, MSA, Endeavor Catalyst, FJ Labs and Picus. “Our vision is to be the leading B2B Fintech in LatAm. From the beginning we put SMEs at the center of everything, treating them as real customers. This funding will allow us to continue supporting this segment that has in the past been neglected by traditional financial services,” Nicolas de Camino, Xepelin Co-Founder and Co-CEO.