Fanki secured a $6M seed round led by Broom Ventures and Tenacity Ventures.
The startup will use the funds to further develop its online platform to close the gap between sports clubs and fans in Latin America.
The Colombian Fintech, Fanki, seeks to provide new alternatives for sports teams, leagues, and organizations to obtain new sources of income.
Likewise, the app helps manage finances, track income and expenses, manage budgets, access data, generate reports and allows interaction with fans.
In this way, Fanki aims to offer users the possibility of supporting their clubs, with greater participation, interaction, and connection with their favorite teams and athletes, while allowing clubs, associations, and athletes to have new communication channels and income.
It also allows sports teams and organizations to eliminate the need for intermediaries, lowering costs and reducing the risk of fraud and errors.
Likewise, it generates better payment processing, reducing transaction times and costs.
Fanki works through its website and an app, which, at the same time, is an ecosystem where both users and sports organizations converge.
So, you can find everything from a Fintech solution through a fully personalized wallet and credit card from your favorite sports organizations, to other loyalty programs, such as technological ticketing, with benefits and discounts.
The company recently partnered with Club America and Celaya F.C., Mexican professional soccer clubs, and the World Boxing Council.
Read more on Tech Gist Africa:
Colombian startup Kala raises $4M
