Educational institutions are increasingly turning to technology to help them manage their debt and payment processing. Mattilda, a Mexico-based SaaS solutions provider, has just raised $19 million in its Series A round led by GSV Ventures, with participation from Fintech Collective and Dila Capital. This brings Mattilda’s total capital raised to $39 million.
Co-founded in 2022 by José Agote, Jesús Lanza, Juan Pablo Bravo, Adrián Garza, and Ileana Gómez, Mattilda offers a comprehensive debt management and payment processing solution to private schools. The platform automates the collection management and provides the best payment experience for parents and students, while giving schools financial control and effective planning. In addition, the platform helps schools better predict their monthly cash flow and features a loan program where schools can apply for credits equivalent to three to 12 months of revenue.
With the new funding, Mattilda intends to expand its platform into new territories within the private education market. It has also forged strategic partnerships with industry leaders like Santillana, the largest academic content platform in the region, which serves over 2 million students in Latin America.
Commenting on the investment, José Agote, Co-founder & CEO of Mattilda, said: “We are very happy with the result of our Series A and excited to have the backing of top-tier global investors. We want to be the main administrative partner for private schools in Mexico and Latin America, helping with collections, payments, financing, and the general administration of schools.”
Mattilda has already gained traction in the educational technology space, with 35,000 students already using its platform. With the additional funding, the startup aims to further accelerate its growth in the private school sector.