Since its founding in 2021, Jeeves has quickly grown to be present in over 20 countries and has earned the trust of thousands of international businesses, such as Burger King, H&M, Blueground, Kavak, Rappi, and many more.

Jeeves intends to further up its efforts to expand Jeeves Pay and other important product offerings in major Latin American regions with the help of the new financing facility from CIM.

As he said, "We are thrilled to partner with Community Investment Management, as we share the same mutual vision—empowering businesses in Latin America to thrive not only locally but globally." Dileep Thazhmon, founder and CEO of Jeeves, expressed excitement about the new cooperation with CIM. We are able to greatly expand our skills in the area and strengthen our bonds with our clients thanks to this funding.

With Jeeves Pay, you can easily send money across borders without paying transaction fees from Mexico, Colombia, and Brazil to dozens of nations, including China and the USA, via well-known local networks like SPEI, SWIFT, and PIX.

Due to this flexibility, Latin American businesses have embraced it greatly, as seen by the 150% annual increase in payment volumes to date. Accessible finance solutions are in high demand among enterprises in Brazil.

"Jeeves is thrilled to formally introduce Jeeves Pay to Brazilian businesses, along with a BRL account for receiving and managing funds, to provide more flexible credit options tailored to our customers, in response to this market demand."

"Jeeves' market position is validated by this partnership with CIM, which also enhances its ability to serve more local businesses with greater efficiency."

Jacob Haar, Managing Partner of Community Investment Management, stated, "At CIM, we are focused on supporting creative financial solutions that foster business growth and economic development." "We are thrilled to be working with Jeeves to improve the financial infrastructure in Latin America, especially in Brazil, Colombia, and Mexico, where Jeeves has the potential to have a significant impact."

With this strategic funding, Jeeves will be better positioned to penetrate the Latin American market and have a greater effect on small and medium-sized businesses in Brazil, Colombia, and Mexico.

Since its founding in 2021, Jeeves has grown significantly, having previously raised a sizable sum of money to assist its development trajectory.