Wednesday
April 2
2025

Latin America’s Mendel Secures $35 Million Series B to Expand AI-Driven Spend Management

Mendel, a Latin American enterprise spend management platform, has secured $35m in a Series B funding round led by Base10 Partners.

The round also saw participation from PayPal Ventures, as well as existing investors Infinity Ventures, Industry Ventures, Hi.vc, and Endeavor Catalyst.

Photo courtesy of geralt.

Source: Fintech Global (link opens in a new window)

Categories
Investing
Tags
artificial intelligence, fintech, lending