Tribe Capital and Pelion Ventures led a $100m Series C round in Kapital Bank.

A venture capital firm, Tribe Capital, and Pelion Ventures led a $100m Series C round in Kapital Bank, a financial institution, with participation from Y Combinator, Marbruck Ventures, and True Arrow. "We are proud to join an elite group of unicorns emerging from Latin America. Kapital is already profitable, and our growth continues to accelerate through the unique combination of a banking license and proprietary software," Rene Saul, Kapital CEO.