Solvento, a firm that offers technological and financial solutions to companies, secured $53.5 million in funding
Solvento is a fintech company that develops payment and credit infrastructure
Solvento, a Mexican logistics startup, has secured USD$50 million in debt financing. Their aim is to expand their loan offerings in Latin America, particularly Mexico. Alongside this funding, Solvento has unveiled Solvento Audita, an AI-powered audit and billing software designed to enhance transparency in supply chains. It automates document recognition and verification, addressing complex fiscal regulations in Mexico. This development comes as the country introduces the digital Carta Porte document to improve goods transportation control.
Solvento sees this as an opportunity to drive digitization, stimulate the Latin American economy, and assist carriers in gaining access to essential working capital. The recent Carta Porte 3.0 update, aimed at improving the accuracy of waybill information, aligns with their goals. This startup is poised to have a significant impact on the logistics industry while contributing to Mexico's growth as a key trading partner with the United States.