During the week ending September 23, 2016, Bitso SAPI de CV closed the transaction. The company $2,500,000 in series A round of funding led by Monex S.A.B. de C.V. (BMV:MONEX B). The company received $547,818 in its third and final tranche.The transaction also included participation from Variv Capital, Xochi Ventures, FundersClub Inc., Bitcoin Capital, Blockchain Tech Limited, and returning investor Digital Currency Group. The company has raised $4,350,000 in funding till date.