VARIV Capital

VARIV is a strategic investment firm operating in company building and venture capital across Latin America, founded 17 years ago. It says its work includes tracking and defining emerging trends across the region for investors, companies and end users, and describes some of its activity as building or co-building companies rather than only investing in them.

Its portfolio, built with various co-founders, includes Bankaya, a Mexican neobank aimed at unbanked and underserved populations; Cometa VC, a venture firm investing in early-stage companies targeting Spanish-speaking markets; Nomipay, which manages payroll-deduction loan collection; Rankmi, a human resources software provider for medium and large Latin American companies that has acquired the payroll specialist Osmos; Sttega, a provider of customised financial solutions; Volana, which offers loans to micro businesses in Mexico; and Zylus, a mobile virtual network operator and enabler.