Mexican Fintech Syscap Raises $2.3M to Enhance Access to Private Credit

Mexican fintech startup Syscap has secured $2.3 million in funding to improve access to private credit for both companies and individuals. The funding round was led by Wollef, with the participation of key investors like Redwood Ventures, Melek Capital, 500 Latam, and Angel Hub Ventures. Syscap is distinguished by its commitment to creating an inclusive platform that democratizes access to private credit, involving all stakeholders in the process, including lenders, underwriters, borrowers, and investors. Founded by David Ramírez and Alejandro O’Farrill, the company has already established relationships with over 100 non-banking financial institutions across Mexico, facilitating the management of private credits on its platform.