About Accial Capital
Accial Capital, established in 2018, is a private debt fund primarily based in Westborough, United States. It specializes in financing Conventional Debt round of companies based in Mexico. Its portfolio includes 15 firms, spanning the FinTech, Enterprise Applications sectors.
As of Oct 2026, Accial Capital has 1 unicorn under its belt and has witnessed 2 portfolio exits so far. Its most notable investments include companies like minu, Clara and Vexi.
Its latest investment was a Undisclosed Conventional Debt round in Abaco on Jul 23, 2026 along with Pomona Impact.
Accial Capital's List of Top Investments
Accial Capital has a portfolio of 15 companies, one of which is a Unicorn. Their most notable investmentis in A55Their portfolio spans across Mexico, Indonesia, Brazil and 5 more locations. They have invested in FinTech, Enterprise Applications, Consumer and 4 other sectors, across stages such as Conventional Debt, Venture Debt and 1 more. Here is the list of top investments by Accial Capital:1. minu
Online on demand pay solutions for employees. It allows employees of affiliated companies to withdraw part of their already earned salary. Employees receive the funds in the salary account. It is available to download from google play and the apple store.
Key facts about minu
- Founded Year: 2019
- Location: Miguel Hidalgo (Mexico)
- Stage: Acquired
- Total Funding till date: $58M
- Employee Count: 155 as on Aug 31, 2026
- Investors: VEF, QED Investors and 29 Others
- Latest Funding Round: Series B, Nov 19, 2024, $*****
- Highlight: Acquired

2. Clara
Provider of corporate spend management software and business credit cards. This platform centralizes financial operations by offering automated expense reporting, approval workflows, and virtual or physical payment cards. It facilitates vendor payments, employee reimbursements, and travel expense tracking. The system integrates with existing accounting software to synchronize transaction data and receipts. Automated validation tools monitor spending against defined limits and policies to maintain financial oversight.
Key facts about Clara
- Founded Year: 2020
- Location: Sao Paulo (Brazil)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $204M
- Employee Count: 718 as on Aug 31, 2026
- Investors: Goldman Sachs, Hone Capital and 42 Others
- Latest Funding Round: Conventional Debt, Nov 25, 2025, $*****
- Highlight: Editors' Pick

3. Vexi
App-based credit card provider. Customers need to apply online to be assigned a credit limit, which can be used online as well as offline. The Vexi mobile app allows customers to manage and customize expenses easily, check cut and payment dates, and review details of charges and commissions.
Key facts about Vexi
- Founded Year: 2016
- Location: Mexico City (Mexico)
- Stage: Series A
- Total Funding till date: $32M
- Employee Count: 94 as on Aug 31, 2026
- Investors: Redwood Ventures, Accial Capital and 13 Others
- Latest Funding Round: Conventional Debt, Apr 30, 2025, $*****
- Highlight: Editors' Pick

4. AwanTunai
Provider of supply chain digitization by ERP systems with embedded financing. Its ERP infrastructure captures proprietary transaction data that fuels the inventory purchase embedded financing. It serves traditional suppliers with an ERP system and traditional micro merchants with an Android app. Both suppliers and merchants are able to access embedded financing to purchase inventory. It has DFIs (including the IFC) and CVCs of global banks as inventors. It positions itself as the asset origination platform for the banking industry to access market segments
Key facts about AwanTunai
- Founded Year: 2017
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $55.8M
- Employee Count: 112 as on Aug 31, 2026
- Investors: Pegasus Tech Ventures, responsAbility and 21 Others
- Latest Funding Round: Conventional Debt, Dec 12, 2024, $*****
- Highlight: Editors' Pick
5. Kapital Bank
Provider of financial solutions including banking, credit, and investment services. The company offers a range of accounts, including checking, savings, and investment options. Credit products include personal and auto loans. Online and mobile banking services are available, along with customer support resources.
Key facts about Kapital Bank
Accial Capital's Year-on-Year Investment Trends
Accial Capital has invested in 15 companies over the last 6 years, with an average of 2 new investments annually in the last 5 years. As of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Abaco and most recent follow-on round was in AwanTunai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 2 | 1 | 3 |
2023 | 4 | 0 | 4 |
2022 | 2 | 2 | 4 |
2021 | 2 | 2 | 4 |
2020 | 4 | 0 | 4 |
Accial Capital's Investments by Stage
Accial Capital has made 10 investments in Conventional Debt stage with an average round size of $31.4M, 3 investments in Venture Debt stage with an average round size of $28.3M and 2 investments in Series A stage with an average round size of $32M.Stage of entry | No. of Investments |
|---|---|
Conventional Debt | 10 |
Venture Debt | 3 |
Series A | 2 |
Note: We have considered here, only first round of investments
Accial Capital's Investments by Sector
Accial Capital has a diverse portfolio, with companies operating in the FinTech, Financial Services, Enterprise Applications, Consumer and Travel and Hospitality Tech. Notably, it has invested in 14 Tech companies, 10 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 14 |
Financial Services | 11 |
Enterprise Applications | 5 |
Consumer | 4 |
Travel and Hospitality Tech | 2 |
Others | 4 |
Note: We have considered here, only first round of investments
Accial Capital's Investments by Geography
Accial Capital has made most investments in Mexico (4), followed by Indonesia where it has made 3 investments.Country | No. of Investments |
|---|---|
Mexico | 4 |
Indonesia | 3 |
Brazil | 2 |
Colombia | 2 |
El Salvador | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Accial Capital's recent investments
Accial Capital has made 1 investments in 2026 so far - Abaco.Here are the most recent investments by Accial Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 23, 2026 | El Salvador | Conventional Debt | 1401 | ||
Dec 26, 2024 | Uzbekistan | Venture Debt | 6901 | - | |
Dec 19, 2024 | Colombia | Conventional Debt | 2650 | ||
Dec 12, 2024 | Indonesia | Conventional Debt | 6525 | [+4] | |
May 25, 2023 | Mexico | Venture Debt | 6987 | - |
Unicorns in Accial Capital's Portfolio
Accial Capital has 1 unicorn in its portfolio - Clara. The most recent unicorn in their portfolio is Clara which became a unicorn in 2021, 1 years before Accial Capital first invested in it.Here is a list of unicorns in Accial Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
71 | Provider of corporate spend management software and business credit cards | 2020 | Sao Paulo | Series B | kvfb{mc |
Acquired companies in Accial Capital's Portfolio
2 companies from Accial Capital's portfolio have been acquired. The most recent acquisition was Avista in Aug 2026 by Grupo Cibest for $*****.Here are Accial Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2026 | Mar 03, 2023 | Conventional Debt | 2994 | |
Jun 10, 2026 | Feb 03, 2023 | Venture Debt | 8606 |
Co-investors of Accial Capital
Over the past 6 years, 164 investors have co-invested in Accial Capital's portfolio companies. This includes funds and angels.
- Invested before Accial Capital: Global Founders Capital, Pomona Impact and 76 others have invested in rounds before Accial Capital. There are 2 companies where Global Founders Capital has invested before Accial Capital and 2 companies where Pomona Impact has invested before Accial Capital.
- Top Co-investors of Accial Capital: 28 investors entered a company along with Accial Capital. These include investors like Besant Capital (1 company).
- Invested after Accial Capital: A total of 58 investors have invested in Accial Capital's portfolio after their investments. Top Investors include Endeavor (2 companies) and Redwood Ventures (2 companies).
Recent News related to Accial Capital
•
Ábaco Secures $53M Funding to Expand AI-Powered SME Lending in Central AmericaThe SaaS News•Jul 24, 2026•Abaco, Accial Capital
•
Finmaq raises $29M to expand SME asset financing in ColombiaLatamList•Jan 16, 2025•FinMaq, ALIVE Ventures, 30N Ventures, Accial Capital
•
This fintech startup is a debt funding association of USD 60 millionLiputan6•Jan 09, 2025•AwanTunai, Accial Capital, Variant Investments, Developing World Markets and 3 others
•
Alif Raises $20 Million Investment from Accial CapitalEIN Presswire•Dec 25, 2024•Nairang Capital, TMT Global, Accial Capital, Alif and 1 other
•
Indonesia’s fintech firm AwanTunai raises $60m debt facilityTech in Asia•Dec 12, 2024•AwanTunai, Accial Capital
•
FMO considers $20m loan for Accial Capital’s tech-focused fundShareandstocks•Apr 29, 2024•Accial Capital, FMO
•
Accial Capital Management’s $40 Million Financing to KapitalGlobal Legal Chronicle•Sep 08, 2023•Accial Capital, Kapital, Gonzalez Calvillo, Kapital
•
Accial Capital Management’s $20 Million Financing to MinuGlobal Legal Chronicle•Jun 28, 2023•Accial Capital, Gonzalez Calvillo, minu
•
Kapital gets more of its own capital to help LatAm businesses monitor cash flowpublicnewstime.com•May 25, 2023•Kapital, Broom Ventures, Pioneer Fund, Kube VC and 10 others
•
Clara’s $90 Million FinancingGlobal Legal Chronicle•May 04, 2023•Cuatrecasas, Clara, Accial Capital, Skandia