Hellen Villena

1 month ago | latamlist.com | Hellen Villena

Mexican fintech Toku raised a $48M Series A extension led by Oak HC/FT, with participation from Gradient Ventures, F-Prime Capital, Clocktower, Y Combinator, and Honey Island. The round follows Toku’s $9.3M Series A in April 2024, bringing its total funding to $55M. Toku centralizes collections and payments by integrating with ERPs to automate billing, payment reconciliation, and omnichannel communication across email, SMS, and WhatsApp.

1 month ago | latamlist.com | Hellen Villena

Brazilian travel tech Onfly raised a $40M Series B round led by Tidemark, with participation from Endeavor Catalyst and Left Lane Capital. Onfly helps companies manage corporate travel and expenses, with digital booking for flights, hotels, buses, and rental cars, and an integrated corporate card. Onfly will use the funds to accelerate AI-driven product development, expand sales and marketing, and support international growth.

1 month ago | latamlist.com | Hellen Villena

Mexican used car platform Kavak raised $127M in equity funding at a $2.2B valuation, down from $8.7B in 2021. SoftBank and General Atlantic co-led the round, which closed in March 2025. Kavak also secured $400M in debt from Goldman Sachs and HSBC to expand lending through Kuna Capital, its financing arm.