December 22, 2020 3 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.
Mozper , the startup that offers a debit card and an application designed for children and parents in Latin America, announced the closure of a $ 3.55 million seed round, led by Hetz Ventures with participation from F-Prime Capital , Foundation Capital , Secocha Ventures , previous investors Dux Capital and John Farrell . The new round will allow Mozper to further position itself as a pioneer in youth banking in Latin America, by consolidating its presence in the Mexican market, where it was launched three months ago. In 2021 it will expand to Brazil, in addition to enriching the product and scaling the organization.
Mozper, a Mexico City-based provider of a debit card and app designed for kids and parents in Latin America, closed a $3.55M seed funding round.
The round, which brings total funding to $5.1M, was led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux Capital and John Farrell.
The company intends to use the funds to penetrate the Mexican market, where they launched three months ago, and expand into Brazil in 2021 as well as enriching the product and scaling the organization.
Co-founded by Pablo Klestorny, Yael Israeli and Gabriel Roizner in January 2020, Mozper offers a Visa debit card and an app where parents can give their kids an allowance, set spending rules (so they can’t blow it all on video games), assign chores and even create and track savings goals.
Share:
Round Led by Hetz Ventures with participation from F-Prime Capital and Foundation Capital. Use of proceeds to scale the team, penetrate Mexico and launch Brazil.
Mozper, the debit card and app designed for kids and parents in Latin America, announces the closing of a $3.55M Seed round, led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux Capital and John Farrell.
The new investment round will enable Mozper to further solidify its position as first mover for youth banking in Latin America by penetrating the Mexican market, where they launched three months ago, and expanding into Brazil in 2021 as well as enriching the product and scaling the organization.