Mexico’s Mendel Raises $50 Million in Debt, Extends Series A

Helena Polyblank, co-founder and Chief Product Officer at MendelSource: Mendel
Lock
This article is for subscribers only.

Mendel, a Mexico-based fintech that offers financial management products for companies, raised debt financing and extended its Series A round as it looks to support software development and growth.

Victory Park Capital led the $50 million debt financing, while the company also extended its Series A round by $10 million, Chief Product Officer Helena Polyblank said in an interview.