Konfio Raises $125M Series E Financing

June 22, 2021Client News

Gunderson Dettmer represented client Konfio, an online lending platform, in its $125 million Series E financing led by Lightrock and included International Finance Corporation, QED Investors, Kaszek, SoftBank Latin America Fund, VEF and Tarsadia Capital.

In the announcement of the transaction, CEO of Konfío David Arana said, “At Konfío, we see technology as a great enabler to level a playing field that has long been uneven, providing growing companies with opportunities and conditions to expand and compete successfully with large corporations. This is our purpose.”

The Gunderson deal team was led by Daniel Green and included Bradley Krack, Daniel Gallo, Travis Glock and Jake Winton.