Kapital will use the new funds to expand its operations in Mexico, the United States, Colombia, and Spain, as well as other Latin American markets. The company also plans to continue investing in its AI platform and product development, while pursuing organic growth and targeted acquisitions to enhance its technology stack.
The company's financial performance in the first half of 2026 showed a net income of approximately $50 million. Its loan portfolio grew by 220% year-over-year, exceeding $1.7 billion, while deposits increased by 234% over the same period, surpassing $3.5 billion.
Kapital currently serves over 350,000 customers, primarily underserved small and mid-sized businesses. The company maintains a non-performing loan ratio of 2.86% and an efficiency ratio of 34.9%.
Founded in 2020 by René Saúl and Fernando Sandoval, the fintech focuses on AI-driven credit underwriting using cash-flow data. A previous Series C round in 2025 raised approximately $110 million, bringing the company's valuation to over $1.3 billion.