Tech Company Financing Transactions
CBiGroup Funding Round
CBiGroup, operating out of San Juan, scored $15 million from Alpol Capital Family Office.
Transaction Overview
Company Name
Announced On
5/24/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to boost research and development, investing in new technologies to enhance products and drive innovation.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
270 Munoz Rivera Ave ST 330
San Juan, PR 00918
USA
San Juan, PR 00918
USA
Phone
Website
Email Address
Overview
CBiBank, was established in July 2017. It is an emerging commercial bank in the United States, specializing in providing one-stop cross-border financial services for overseas businesses. These services include offshore account opening, fund transfers, e-commerce collections, and corporate wealth management.
Management Team
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Our team works diligently to report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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