Cicada

Mexicofintech

Cicada is a fintech platform that modernizes the trading of local-currency bonds in Latin America. It provides a regulated electronic marketplace for corporate and government bond investing, aiming to increase efficiency and liquidity in the region's bond markets. The platform serves institutional investors and is regulated in the United States. Cicada has raised a $13.5 million Series A round led by Citigroup, with participation from Kaszek, Dila Capital, and others, as well as a previous $7.6 million round. The company operates primarily in Mexico and Brazil.