Industry Ventures: Latin America's Mendel secures $35m Series B to expand AI-driven spend management

Mendel, a Latin American enterprise spend management platform, has secured $35m in a Series B funding round led by Base10 Partners. The round also saw participation from PayPal Ventures, as well as existing investors Infinity Ventures, Industry Ventures, Hi.vc, and Endeavor Catalyst. The Mexico-based company provides a comprehensive platform for large enterprises to manage expenses, [...] The post Latin America's Mendel secures $35m Series B to expand AI-driven spend management appeared first on FinTech Global.