Miami-based Kiara Capital Announces First Close for Fintech-Focused Fund

Whats Happening:

Kiara Capital, a Miami-based venture capital firm, has announced the first close of its inaugural fund. The fund focuses on early-stage B2B fintech startups operating in Latin America and cross-border markets linked to the United States. Founded in 2023, Kiara Capital has already made five investments and is now opening its first external fundraising round, targeting $30 million with a potential to close at $40 million.

Key Moves:

• Kiara Capital announces first close of inaugural fund

• Fund targets $30 million, with potential to close at $40 million

• Focus on early-stage B2B fintech startups in Latin America and US cross-border markets

By The Numbers:

• Kiara Capital has reviewed over 160 opportunities since inception

• The fund has made five investments totaling approximately $2 million

• Initial investment checks start at $500,000

Key Quotes:

• "Opening the fund to outside investors is a natural next step — one that expands our investment capacity while maintaining full alignment," said Esrubilsky.

• "We prioritize founders who have deep expertise in the industries they're building in, excel in execution, and often come through trusted referrals in the ecosystem," said Arippol.

Bottom Line:

Kiara Capital's first close marks a significant step in its mission to support early-stage B2B fintech startups in Latin America and US cross-border markets. With a strong founding team and a focused investment strategy, the fund is well-positioned to capitalize on opportunities in the rapidly evolving fintech landscape.

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