New $1.74M investment boosts Moonflow's growth

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Just six months after obtaining its first financing, fintech Moonflow has managed to close a new round for USD 1.74 million, raising its total funding to USD 2.5 million. With this new influx of capital, the company plans to accelerate the development of its innovative accounts receivable management software and expand the capabilities of its platform.

About new investors
The recent investment round in Moonflow was led by TheVentureCity, a venture capital firm known for its focus on backing technology startups with high growth potential. TheVentureCity not only brings capital, but also strategic and operational expertise, which is vital for early-stage companies like Moonflow.

Andrés Dancausa, General Partner at TheVentureCity, highlighted the Moonflow team’s ability to innovate and execute its vision effectively , addressing both current problems and future market needs. According to Dancausa, supporting Moonflow in its mission to transform debt collections management globally is an exciting opportunity.

In addition to TheVentureCity, this round of investment included the buy uae email database of previous investors such as Salkantay Ventures, Amador Holdings and Morro Ventures. These investors have continued to support Moonflow, trusting in its ability to transform accounts receivable management in various industries. Guillermo Miró Quesada, Partner at Salkantay Ventures, expressed his satisfaction in continuing to support Moonflow with this second investment. Miró Quesada underlined the company's dedication to product development and customer satisfaction, which ensures that Moonflow will transform collection processes for thousands of companies in Latin America and around the world.

Growth and projections
Since its founding, Moonflow has shown accelerated growth, establishing a presence in 22 countries and offering its innovative accounts receivable management software to various industries. This rapid growth is a testament to the effectiveness and necessity of its platform in the global market.

With the new capital injection, Moonflow plans to not only improve its current product, but also explore new functionalities that anticipate and respond to changing market needs. The company has the ambitious goal of reaching 1,000 corporate clients in the short term. Sectors such as fintech, financial services, utilities, goods and services, education, health, clubs and real estate are already benefiting from the efficiency offered by Moonflow's platform.