Habi stars as the largest Latin American FinTech deal in May 2022

• Habi, a platform for buying and selling property, was the largest FinTech deal in Latin America for May 2022 raising an impressive $200m in their latest Series C funding round led by Homebrew and SoftBank Latin America Funds. The funding round has propelled them to unicorn status and the company will use the investment to continue to expand into other major cities across the region and increase its offering, with a focus on embedded financial services. Habi is active in more than 15 cities in Mexico and Colombia and posted over a 20-fold growth in revenue for 2021.
• Overall FinTech investment in Latin America for May bounced back significantly from April increasing more than three-fold to a total of $754m whilst deal activity remained the same with 24 transactions in total.
• Blockchain & Crypto was the most dominant FinTech sector in Latin America for May with 4 deals in total and accounted for 16% of total funding rounds during the month. FinTech deals in the region were well distributed between 11 sectors showing strong diversification in VC fund allocation as they see opportunities in the region across the full value chain.

The data for this research was taken from the FinTech Global database. More in-depth data and analytics on investments and companies across all FinTech sectors and regions around the world are available to subscribers of FinTech Global. ©2022 FinTech Global

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