Holland & Knight Advises Community Investment Management in Mexican Fintech Loans
MEXICO CITY (December 1, 2021) – Holland & Knight advised Community Investment Management (CIM), a provider of strategic debt capital, on two recent investments in rapidly-growing fintech companies. In September, CIM provided a $75 million secured loan to Stori and an $80 million secured loan to Konfio. Both companies specialize in capitalizing small and medium-sized companies and are considered fintech "unicorns" in the Mexican market.
Based in San Francisco, CIM is an institutional impact investment manager that identifies and invests in innovative financial products that help underserved communities. Mexico and Latin America are among the largest technology finance opportunities with more than 400 million underserved consumers.
The Holland & Knight team representing CIM in the transactions was led by Partners Guillermo Uribe Lara, Adrián Gay Lasa and Michael Emerson. They received support from Associates Jorge E. González Carlini and Santiago Soldevilla Gutiérrez.