- bySara Delgado
- April 12, 2024
- No comments
- 1 minute read
Colombian Proptech Habi secured $30M in debt from the World Bank’s International Finance Corporation (IFC). Victory Park Capital Advisors structured the loan, the first of its kind from the IFC to a Latin American proptech.
Habi will use the funds to grow its presence in Mexico and Colombia.
Since 2022, Latin American startups have leaned on debt financing, a result of the drying up of fresh equity and the simultaneous increase in interest rates.
Founded in 2019, Habi uses data-driven pricing algorithms to buy and sell properties on its platform and provides legal and financial guidance.
Read more on Forbes
Sara Delgado
Sara is a Public Policy Strategist with a proven track record in communications and media strategies. She excels in aligning multi-stakeholder interests and analyzing key policy changes. Spearheading technological advancements and policy shifts, Sara collaborates with thought leaders and top-tier media outlets.
You May Also Like
Mercadoni Raises $9M Series A from Brazil’s Movile
- bySophia Wood
- January 3, 2018
Movile, the Brazilian mobile application giant with more than 120M monthly users invested $9M into Colombian delivery company…
Wayra Chile Invests $500K into Three Chilean Startups
- bySophia Wood
- February 8, 2018
Wayra, the investment arm of Telefonica and Movistar, the Spanish telecom giant, announced that they’d invested a total…
Chilean construction startup Ipsum raises US$1M round, led by Cemex
- bySophia Wood
- January 10, 2018
IPSUM is streamlining construction projects across Latin America. In a story originally reported by El Mercurio, this Chilean startup,…