JPMorgan Chase & Co. and International Finance Corp. are leading a $27 million investment round in KLYM, a data-driven fintech that provides operating finance to small and medium businesses in Latin America.
Diego Caicedo, co-founder and chief executive officer of Bogota-based KLYM, stated in an interview that the company will utilise the funds to expand in 2023, with Brazil as its primary focus. The company, formerly known as OmniLatam, also intends to expand in Colombia and Chile, and is in the process of establishing a business in Mexico.
Caicedo stated, “This investment will elevate our cooperation
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