Credijusto raises Series B funding

August 28, 2019Client News

Gunderson Dettmer client Credijusto, a Mexico City-based fintech company offering asset-backed loans and equipment leases to small and medium businesses, has announced its $42 million Series B financing. The round was led by Point72 Ventures and Goldman Sachs PSI and included new investors Thomvest Ventures, Wolfson Group, Third Lake Capital and Argo Ventures as well as existing investors Kaszek Ventures, QED Investors, Broadhaven Capital Partners, John J. Mack and Supernode Ventures.

In the announcement of the funding Point72 Ventures partner Pete Casella said, “Credijusto's tech-enabled approach to meeting the financial needs of Mexico's underserved SME segment has huge potential. This is a very large market opportunity in which, after four years of rapid growth, the company has significant competitive advantages.”

The Gunderson Dettmer deal team was led by Dan Green and included Bradley Krack, Jessica Furr and Katy Alexander.