Solvento, the Mexican platform specializing in liquidity and payment solutions for the logistics and transportation ecosystem, announced the closing of a USD 25 million financing backed by BBVA Spark, the BBVA unit focused on high-growth innovative companies.
This financing represents a milestone in Solvento’s consolidation as financial infrastructure for the transportation sector in Mexico, expanding access to liquidity for carriers and logistics operations that support the movement of the national economy.
The transaction includes an additional preferred tranche aimed at large corporations, enabling the extension of financing structures to the supply chains of the country’s largest companies. This tranche provides competitive terms that will allow Solvento to operate with more financially solid companies and, in turn, extend liquidity to its network of carriers and suppliers.
BBVA Spark has established itself as a strategic partner for companies transforming traditional industries through technology and innovative financial models. In this context, the agreement with Solvento reinforces the financial institution’s commitment to ensuring that credit flows to key productive sectors such as transportation and logistics.
“At BBVA Spark, we support high-growth companies that are rewriting the rules and business models across industries. With this financing, we aim to increase liquidity where it is most needed: in the day-to-day operations of the logistics chains that move the country through the transportation sector,” said Rodrigo Velasco, Country Manager Mexico & LatAm Head of BBVA Spark.
The new funding will enable Solvento to significantly increase its capacity to create financial products for transportation providers, strengthening the operational continuity of fleets, routes, and essential services for the Mexican economy.
Jaime Tabachnik, CEO of Solvento, commented: “Transportation sustains the real economy, yet carriers have unfairly absorbed and financed payment delays. This financing is key to continuing our mission to solve the liquidity challenges in this industry, which has been overlooked for far too long. With BBVA Spark’s support, we will not only strengthen our solution for carriers but, through the preferred tranche, also serve the country’s leading freight generators. This positions us to cover all key players in the logistics ecosystem, reinforcing our path to becoming the leading financial platform for the transportation sector in Mexico.”
With this transaction, Solvento strengthens its mission to build specialized financial infrastructure for transportation—a sector that moves millions of tons of goods and millions of transactions each year, yet still faces structural liquidity challenges.
BBVA Spark has previously announced significant financings in Mexico focused on expansion and working capital, consolidating its position as a key player in promoting innovative financial models that connect banking, technology, and the real economy
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