Mexican SaaS mattilda has closed a $19M Series A round led by GSV Ventures. Other participants in the round include FinTech Collective and Dila Capital.
mattilda is a B2B platform for private school billing and payment processing that offers a seamless payment experience for parents and students.
With the funds, mattilda is preparing to expand its platform into new territories within the private education market.
The edtech and fintech startup founded by José Agote, Jesús Lanza, Juan Pablo Bravo, Adrián Garza, and Ileana Gómez aims to offer “a solution that automates the collection management from start to finish for schools, provides the best payment experience for parents and students, gives educational institutions greater financial control and effective planning, and offers financing options to boost their growth.”
“We have 35,000 students using our platform and are still experiencing rapid growth. We are happy with the outcome of our Series A and excited to have the support of top-tier global investors”, said José Agote, cofounder and CEO of mattilda.
Since its inception, mattilda has raised a total of $39M. The company has forged strategic partnerships with several industry leaders such as Santillana, the largest academic content platform in the region, which serves over 2 million students in Latin America.
Read more on Tech Gist Africa:
