mattilda, a Mexico-based tech platform specializing in SaaS solutions for debt management and payment processing for private schools, secured $19 million in Series A funding.
The round was led by GSV Ventures, with participation from FinTech Collective and Dila Capital. With this investment, mattilda has raised a total of $39 million.
matillda will use the capital to accelerate its growth in Mexico and drive its international expansion in a market estimated to be worth US$635.7 million in 2022.
The company 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.”
José Agote, co-founder and CEO of mattilda, said in a press release: “We are very happy with the result of our Series A and excited to have the backing of top-tier global investors. We want to be the main administrative partner for private schools in Mexico and Latin America, helping with collections, payments, financing, and the general administration of schools.”
With the closure of this Series A, mattilda is preparing to bring its platform to the private education market. mattilda’s solution has potential application in 100% of the private market in Mexico and also throughout Latin America (from preschool to higher education).
Round: Series A
Funding Month: July 2023
Lead Investors: GSV Ventures
Additional Investors: FinTech Collective and Dila Capital
Company Website: https://www.mattilda.io/
Software Category: Debt Management and Payment Processing
About the Company: Founded in 2022 by José Agote, Jesus Lanza, Juan Pablo Bravo, Adrián Garza, and Ileana Gómez, mattilda is a B2B platform for private school billing and payment processing that offers a seamless payment experience for parents and students. The company's platform allows for advancing tuition fees, guaranteeing schools a predictable cash flow without delays and without setbacks, enabling parents to make payments with flexible methods and manage finances more effectively. The platform provides various payment options, including WhatsApp links, bank transfers, and cash, to accommodate parents who often make monthly payments.