Photorealistic illustration of Blanco startup team celebrating $5.2M AI funding in Santiago office.
Photorealistic illustration of Blanco startup team celebrating $5.2M AI funding in Santiago office.
Picha iliyoundwa na AI

Blanco raises US$5.2 million to halve factoring costs with AI

Picha iliyoundwa na AI

Chilean startup Blanco closed a US$5.2 million seed round led by Krealo, the venture capital arm of Credicorp, and the Broota platform.

The company, founded in March 2024, aims to automate factoring processes for SMEs using artificial intelligence. This reduces service costs by more than half and serves operations previously overlooked.

Blanco has already enrolled over 10,000 companies and financed more than US$250 million. Its annualized revenue run rate reached US$8.7 million in June 2026, after closing 2025 at US$5.6 million.

CEO Diego Contreras explained that the AI automatically queries data from the Internal Revenue Service and other sources to assess risk and approve invoices in seconds. The startup plans to expand to Colombia or Peru during 2027.

Watu wanasema nini

Initial reactions on X to Blanco's US$5.2M seed round focus on its AI-driven factoring platform for SMEs in Chile and expansion potential via Krealo, with neutral summaries from tech accounts and some contextual investor mentions.

Makala yanayohusiana

CoreWeave has secured over 20 billion dollars in debt and equity financing this year. The latest deal includes a 3.1 billion dollar loan backed by graphics processing units. This activity highlights strong investor interest in AI infrastructure.

Imeripotiwa na AI

BBVA announced an investment exceeding 300 billion pesos in artificial intelligence and technological capabilities in Colombia, as part of its 30 years of operations in the country.

Fintech Yuno reported that its payment orchestration platform can raise approval rates by up to 15% and cut losses from failed transactions.

Imeripotiwa na AI

Bancolombia supported the entry of machinery and vehicles valued at more than US$110 million into the country during 2025 through 953 transactions for 212 clients.

Microsoft executive for Hispanic South America María Paula Duque said AI allows companies to obtain sustainability data faster and make decisions with greater agility.

Imeripotiwa na AI

Figure Technology Solutions topped $1 billion in monthly loan originations for the first time in March. The milestone highlights CEO Mike Cagney's push to use blockchain for efficient credit markets. The company reported $2.9 billion in first-quarter volume.

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