Cocos raises $34M led by Kaszek, valuation tops $500M

Argentine fintech Cocos raised $34M in a round led by Kaszek, pushing its valuation above $500M. The company, founded in 2021 with $50K, has 2.5M users and is profitable, building a digital investment bank. This signals continued venture capital appetite for Latin American fintech despite broader market headwinds.

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