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Popular, VC Fund

Popular

VC Fund

San Juan, Puerto Rico

Popular is a VC fund in San Juan focused on FinTech and Financial Services. Popular has been constantly evolving since its founding in 1998. A small bank has been transformed into a large corporation that offers a variety of financial products and services and has a presence in the United States, the Caribbean, and Latin America.

Total investments:
5
Last investment:
Lead investor:
0%

Last updated:

Industries Popular invests in

FinTechFinancial ServicesBankingSoftwareCosmetics

Stages Popular invests in

Series ASeries BSeed

Countries Popular invests in

United StatesPuerto Rico

Round sizes

Series A $5M–$40MSeries B $45M–$45M

Contacts

NameEmailPhoneSocials
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Round size

Series A
$5M–$40M
Series B
$45M–$45M

Investment Focus

Industry

  • FinTech 3 (60%)
  • Financial Services 3 (60%)
  • Banking 1 (20%)
  • Software 1 (20%)
  • Cosmetics 1 (20%)
See all 12 industries →

Stage

  • Series A 2 (40%)
  • Series B 2 (40%)
  • Seed 1 (20%)

Country

  • United States 3 (60%)
  • Puerto Rico 1 (20%)

Team

NameTitleInvestmentsLinksEmail
Richard Carrion
Richard Carrion Chairman & CEO
Chairman & CEO Total investments: 1
Find email
CFO Total investments: 0 Find email
Eduardo NegrÓN
Eduardo NegrÓN Executive Vice-President Management Group
Executive Vice-President Management Group Total investments: 0 Find email
EVP Total investments: 0 Find email
Ignacio Alvarez
Ignacio Alvarez President & COO
President & COO Total investments: 0 Find email
See all 8 team members →

Investments

CompanyDescriptionRoundLinks
Seaweed provides a sustainable and regenerative platform to address CO2 sequestration, pollution and volatility from our climate emergency. Our systems-level approach means that every part of our operation - from collection to distribution - is geared at restoring vital ecosystems and supporting resilient circular economies. $5M / Series A / Apr 06, 2023
Greenwood Bank is a digital banking platform for Black and Latinx people and business owners. It features best-in-class digital banking services and innovative ways of giving back to the community. The company's initial products are savings and spending accounts that come with a stunningly designed black metal debit card for customers who signup by the end of the year.Greenwood Bank was founded in 2020 and is based in Atlanta, GA, USA. $45M / Series B / Nov 29, 2022
Greenwood is a financial technology firm that provides a mobile banking platform. $45M / Series B / Nov 29, 2022
Raincoat develops highly scalable embedded climate insurance products and the automated infrastructure that powers them. They work with insurers, governments, and financial institutions to unlock new markets and enable climate resilience at scale. $4.5M / Seed / Aug 02, 2022
Greenwood Bank is a digital banking platform for Black and Latinx people and business owners. It features best-in-class digital banking services and innovative ways of giving back to the community. The company's initial products are savings and spending accounts that come with a stunningly designed black metal debit card for customers who signup by the end of the year.Greenwood Bank was founded in 2020 and is based in Atlanta, GA, USA. $40M / Series A / Mar 25, 2021

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FAQ

What does Popular invest in?

Popular invests primarily in FinTech, Financial Services and Banking startups, most often at Series A and Series B stage. Most of the 5 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Popular invest in?

Popular typically joins rounds of $5M–$40M at Series A and $45M–$45M at Series B. These are whole funding-round sizes, not Popular's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Popular took part in.

How do I contact Popular?

Public channels for Popular include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Popular?

The team at Popular includes Richard Carrion (Chairman & CEO), Carlos Vazquez (CFO) and Eduardo NegrÓN (Executive Vice-President Management Group), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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