06/10/2022

Nota de prensa

         

AXON HAS EXITED THE FINTECH COMPANY BILLPOCKET

Axon has recently executed an excellent divestment in Billpocket, one of Mexico’s leading card payment processing companies. Online payment processing technology company Kushki has acquired the stake, a recent unicorn owned by Softbank, to accelerate its expansion plan in the country.

The online-offline pairing will make the company one of the most competitive businesses in the region, providing Latin American merchants with broad access to financial services, and competing with the region’s large financial institutions.

Axon bet on the company in 2019 through the Impact fund Amerigo Ventures Pacifico, allowing Billpocket to consolidate itself as one of the leading Fintechs in the Mexican market.

Billpocket has a winning model in a market with a lot of potentials. It has an exceptional entrepreneur (Alex Guizar) who has been able to consolidate a disruptive service and weather the most complicated stages of the pandemic, which significantly affected many of Billpocket’s customers.

This investment reflects well Axon’s philosophy of investing in growth capital in innovative companies, always betting on great tech entrepreneurs with sustainable businesses and reaffirming, in this case, its commitment to the Latin American region.

About Billpocket:

Through a mobile point of sale terminal, it is a platform that enables merchants to receive electronic payments, either by credit card, debit card, prepaid, affiliated wallets and even CoDi.

About Axon:

Axon is a global investment and consulting firm focusing on technology and innovation. The company has 90 professionals covering Europe, the Americas and MENA. Axon was listed on the Madrid Stock Exchange (BME Growth) with a listing price of €19.10, which determined a market capitalisation of over €100mn.

Nuevos informes, publicaciones y series de datos: El Capital riesgo Informal en España 2022 / Informe de Impacto Económico y Social de los préstamos otorgados por Enisa / Suscríbete a la newsletter con las noticias destacadas de cada semana / Serie de datos (excel) de Grupos-Redes Business Angels, aceleradoras-incubadoras. 2021

Webcapitalriesgo.com está patrocinada por Quantum Capital Partners

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos requeridos están marcados *

Publicar comentario