Michael Beck
Partner
Cayman Islands
Our Cayman Islands Corporate team has advised Accion on its investment in Colombian fintech FinMaq as lead investor in the company’s US$6.5m Series A financing round.
The round also included participation from existing investors ALIVE Ventures and 30N Ventures. The investment will support FinMaq as it continues to scale its point-of-sale financing platform, which provides financing for machinery and equipment to micro, small and medium-sized businesses across Colombia.
Our team was led by Michael Beck, supported by Chantal Martin.
Michael Beck commented: 'We are delighted to have advised Accion on its investment in FinMaq. This is another significant investor-side transaction for our team in Latin America and further demonstrates the depth of our experience supporting international investors on complex cross-border investments across the region.'
