Foley Represents Kapital in $125M Financing
Foley & Lardner LLP represented Kapital, a global AI-powered financial institution and one of the largest B2B financial institutions in Latin America, in their $125 million debt and equity financing. The equity financing was led by Tru Arrow Partners, with participation from Cervin Ventures, Niya Partners, and Overlook Capital. The debt facility was led by London-based Fasanara Capital.
Kapital is a global financial institution transforming access to business capital through its advanced technology platform. Across Mexico, Colombia, Spain, and the United States, Kapital offers innovative and accessible solutions for individuals and businesses, powered by artificial intelligence.
Kapital will use the new financing to deepen its investment in its proprietary AI platform and data analytics suite. This will enable the company to expand its financial services ecosystem and accelerate its global growth strategy across Mexico, Latin America, the United States, and Europe.
The Foley team was led by partners Louis Lehot and Andre Thiollier and included partner Rishi Sodhi and associates Erik Nguyen and Rachel Horewitz.