# MoneyPool SAPI de CV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/moneypool-sapi-de-cv

- Industry: Financial Services
- Headquarters: Monterrey, Mexico
- Website: www.moneypool.mx
- Latest round: Seed (Dec 19, 2017)
- Investors on record: 2

## About

Based in Mexico, MoneyPool provides a digital platform for collaborative financing, enabling users to pool funds for personal projects, events, and community initiatives through crowdfunding campaigns.Founded in 2015 in Monterrey, Mexico, MoneyPool specializes in collaborative financing solutions. The company has successfully completed 2 deals, with the most recent funding round occurring on September 18, 2021. This round raised USD 1.2 mn from Goodwater Capital, bringing the total amount raised to USD 1.2 mn. The company was co-founded by Constantino Madero, Ignacio Alvarez, and Sebastian Cueva, with Ignacio Alvarez currently serving as CEO.MoneyPool.mx specializes in offering a unique digital platform that facilitates collaborative financing among users. Its core offerings include a comprehensive suite of tools designed for pooling funds for various purposes, such as personal projects, events, and community initiatives. The platform allows users to create funding campaigns, set goals, and interact with contributors, addressing the need for accessible funding solutions, particularly in regions with limited traditional banking access. MoneyPool's services primarily target individual users and small enterprises in Mexico interested in crowdfunding opportunities and collective financial management.MoneyPool.mx generates revenue through a commission-based model, taking a percentage of the funds raised through its platform. Clients typically engage with the platform by setting up fundraising campaigns involving contributions from friends, family, or community members. The company’s transaction structure focuses on B2C interactions, with users directly contributing to campaigns. Specific pricing plans are associated with certain services, which may include promotional features for campaigns or enhanced visibility options. The flagship service revolves around its crowdfunding platform, connecting individuals and organizations seeking financial support for their initiatives.Following its most recent funding round on September 18, 2021, where MoneyPool raised USD 1.2 mn from Goodwater Capital, the company plans to utilize this financing to expand its operations across Latin America. This strategic expansion aims to tap into new markets and enhance its offerings in the region.

## Funding rounds

- Seed, Dec 19, 2017 — NXTP Ventures, The Ark Fund

## Investors

- NXTP Ventures (https://capitalatlas.ai/funds/nxtp-ventures) — Seed
- The Ark Fund — Seed