About Moffin
Moffin is a company based in Mexico founded in 2020 by Santiago Aceves and Victor Agustin Diaz Mendez. It operates as a B2B. Moffin has raised $2.16 million across 1 funding round from investors including Accion, Digital Currency Group and AngelHub. Moffin operates in a competitive market with competitors including Bloom Credit, Array, Noble, Okredo and Trebol, among others.
- Headquarter Jalisco, Mexico
- Founders Santiago Aceves, Victor Agustin Diaz Mendez
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.16 M (USD)
in 1 rounds
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Latest Funding Round
$2.16 M (USD), Seed
Jun 18, 2024
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Investors
Accion
& 6 more
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Employee Count
Employee Count
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Funding Insights of Moffin
Moffin has successfully raised a total of $2.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.16 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(18 Jun 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Moffin | Valuation | Accion |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Moffin
Moffin has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Accion, Digital Currency Group and AngelHub. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Chile Ventures is focused on investing in technology startups.
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Founded Year | Domain | Location | |
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Venture capital investments are made in fintech and climate sectors.
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Founded Year | Domain | Location | |
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Foundation focused on early-stage investments in fintech sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Moffin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Moffin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moffin Comparisons
Competitors of Moffin
Moffin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bloom Credit, Array, Noble, Okredo and Trebol, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Credit data integration platform and management tools are provided.
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| domain | founded_year | HQ Location |
Credit data from multiple sources is aggregated via API-based solutions.
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| domain | founded_year | HQ Location |
Developer of an open banking API for businesses
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| domain | founded_year | HQ Location |
Open banking API for credit data aggregation automation.
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| domain | founded_year | HQ Location |
Banking software suite
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moffin
Frequently Asked Questions about Moffin
When was Moffin founded?
Moffin was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Moffin located?
Moffin is headquartered in Mexico. It is registered at Jalisco, Mexico.
Is Moffin a funded company?
Moffin is a funded company, having raised a total of $2.16M across 1 funding round to date. The company's 1st funding round was a Seed of $2.16M, raised on Jun 18, 2024.
What does Moffin do?
Moffin provides comprehensive apis for an open banking platform to facilitate financial services through offering financial products and advice, fintech, open banking, and api solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Moffin?
Moffin's top competitors include Bloom Credit, Array and Noble.
Who are Moffin's investors?
Moffin has 7 investors. Key investors include Accion, Digital Currency Group, AngelHub, Fondation Botnar, and New Ventures Capital.
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