Chilean fintech Radar raises $1.5M

Radar, a Chilean Fintech specialized in corporate treasury management, raised $1.5M in a round led by The Fintech Fund, Everywhere Ventures, Startup Istanbul, Rhombuz VC, and the Co-founder of Global66, Cristóbal Forno.

With the funds, Radar will expand its engineering team in Chile and Mexico.

“Radar offers solutions for payment reconciliations, cash flow projections, and massive payments processing, all in one place,” said Herbet Schulz, CEO and Co-Founder of Radar.

Founded in 2022 by Herbert Schulz, Amanda Jacobson, Gabriel Vilaboa, and Rafael Martínez, Radar has 19 corporate clients in Chile and Mexico and is in talks with healthcare, real estate, and university sectors, aiming to triple sales from 2023.

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