Silicon Legal represented Propel Ventures as they led Fintoc’s $7 million Series A round.

Fintoc is developing an API that lets online businesses accept instant payments coming directly from customers’ bank accounts, particularly in Chile and Mexico.

In addition to Propel Ventures, the round included investments from monashees.

Silicon Legal’s Propel Ventures client team includes Andre Gharakhanian, Nicole Tate-Naghi, and Travis Robertson.