Illuminate Financial Invests in N5 Now
Gunderson Dettmer represented client Illuminate Financial in its investment of N5 Now, a Latam-based fintech startup. N5 Now offers several solutions for the financial industry, enabling its clients to achieve full digitization, regardless of their technological starting point. The new capital will be used to propel U.S. market entry and global growth.
In the announcement of the transaction, N5 CEO Julian Colombo said, "The market is currently served by some of the largest names in enterprise tech, but in spite of their scale, none offer the full suite of services provided by N5, and none has a product that is specifically geared for the financial services industry. It is our ability to fill this niche, already proven in other parts of the world, that has enabled us to attract such high profile investors for this next phase of our growth."
The Gunderson Dettmer deal team was led by Mark Oblad and included Carolina Zanolo and Rafael Bellaver