Arrenda emerges with Adelanta, a financing offering for landlords in Latin America

Arrenda, a Mexico City-based fintech company, is offering digital financial services to the real estate market of Latin America and closed on $26.5 million in a pre-seed round of equity and debt.
The funding round was a mix of $1.5 million in equity and $25 million in debt financing. Fasanara Capital led the investment and was joined by Kube Ventures, ODX, Toehold Ventures, Wharton Fintech, Lightspeed Venture Partners Scout Fund, PRMM Inmobiliaria and a group of angel investors.
Joe Merullo, founder and CEO, grew up in Boston and started his first business in real estate at 19 years old. He wa

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