Kontempo Raises $10.5 Million in Series A Funding to Build the AI-Powered Operating System for Industrial Credit

Mexico City — October 6, 2026 —Kontempo, the technology company modernizing trade credit for Mexico’s industrial economy, today announced $10.5 million in new Series A equity financing, bringing its total debt and equity capital raised to more than $40 million.The investment round was co-led by Portage and IGNIA, with participation from Tectonic, MS&AD, and other investors. The financing reflects investor conviction in Kontempo’s ambition to build the definitive technology platform for industrial finance.

Kontempo was founded to transform the credit processes that power the industrial economy, which remain slow, disconnected, and highly manual for many suppliers.

The company’s ambition extends far beyond digitizing a single financial product. Trade credit is one of the foundations of the industrial economy: it determines which buyers can purchase goods, how suppliers manage working capital, how quickly money moves through supply chains, and how much growth businesses can support.

“Our vision is for Kontempo to become the trusted network, system of record, and intelligence layer for industrial credit,” said Matthew Meehan, Founder and CEO of Kontempo. “By connecting credit, payments, invoicing, collections, financing, and the data behind each interaction, Kontempo gives suppliers and buyers the intelligence to transact with greater confidence. The solution we are building, powered by advances in AI, turns that intelligence into action by automating decisions and workflows that today depend on large teams, slow processes, and disconnected systems.”

Kontempo combines data, artificialintelligence, and financial infrastructure to help industrial suppliers offerpayment terms and manage trade credit end to end.

Companies can manage their own self-funded credit or access embedded financing and risk protection when they need external capital. Kontempo’s data and risk models help evaluate buyers, set credit limits, and make faster, more consistent credit decisions.

The platform uses AI to automate portfolio management, collections, and reconciliation, helping teams monitor exposure, manage documentation, match payments to invoices, and prioritize collections—all in a single system.

Since its launch, Kontempo has processed more than $180 million in payment volume across more than 50,000 transactions, serving industrial suppliers and distribution networks in sectors including building materials, steel, coatings, chemicals, packaging, automotive parts, and food manufacturing. Its customers and partners include leading companies such as Cemex and Construrama, Ternium, Comex, Frisa, and Amcor/Bemis. In 2027 alone, Kontempo expects to exceed its total credit issuance since launch.

“To grow, industrial suppliers should be able to offer their customers flexible payment terms without having to become a bank or build a large credit and collections operation,” said Matthew Meehan, co-founder and CEO of Kontempo. “We want to give every supplier access to the intelligence, software, and financial infrastructure needed to sell more, manage risk with confidence, and operate credit as a strategic advantage.”

“Trade credit is foundational to the industrial economy, yet it remains one of its least modernized processes,” said Ricky Lai, General Partner at Portage Ventures. “Kontempo’s traction with leading industrial companies in Mexico shows the demand for a better way to offer, manage, and finance trade credit. By bringing together AI, data, and financial infrastructure, Kontempo has the potential to change how goods and capital move through supply chains.”

The new capital will support Kontempo’s product roadmap, including its credit assessment and self-funding products, AI-powered operational tools, data infrastructure, and expansion among enterprise suppliers and distributors across Mexico. It will also strengthen the company’s ability to support the entire industrial trade credit lifecycle, from the initial decision to extend terms, to the moment an invoice is paid and reconciled.

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About Kontempo

Kontempo is the AI-powered operating system for industrial credit in Mexico. The company helps suppliers offer payment terms, evaluate business buyers, automate credit decisions and collections, reconcile payments, and access financing when needed. By combining software, data, and financial infrastructure, Kontempo enables industrial businesses to increase sales while managing credit with greater speed, control, and intelligence.

Learn more at www.kontempo.io.

Press Contact

Aline Valdez aline@nasci.com.mx +5255 9197 0350

About Portage

Portage is a global investment platform focused on fintech and financial services with US$7.0B under management, 140+ portfolio companies, and 25+ investment professionals¹. Our firm has offices in Canada, theUnited States, Europe, and the Middle East. Our team partners with ambitious companies across all stages, through Portage Ventures, and Portage Capital Solutions, and our Secondaries strategy. We provide flexible capital and deliver a global network of investors, commercial partners, advisors, and value creation experts. Our dedicated value creation team provides portfolio companies with hands-on support in go-to-market, tech and cyber, business acceleration and M&A, and partnerships to accelerate their paths to success. With deep industry knowledge and entrepreneurial experience, Portage is committed to supporting the leaders who are reshaping financial services. Portage is a platform within Sagard, a global multi-strategy alternative asset management firm with US$47B under management².

For moreinformation, visit www.portageinvest.com.

Disclaimer

¹ As of June 30, 2026.

² Sagard’s assets under management (“AUM”) as of June 30,2026