The round was led by Tribe Capital and co-led by Pelion Ventures, with participation from Y Combinator, Marbruck Ventures, and True Arrow. Kapital was built as a technology-first bank, helping SMBs in Mexico and Colombia access capital and manage operations, loans, and cash flow efficiently. The firm has secured 300,000 customers and a balance sheet of $3 billion.Rene Saul, CEO, Kapital, says: "By taking a regulatory-first approach and ensuring each step in our expansion is aligned with policymakers, Kapital is setting a new standard for tech-enabled banking in the region."