propeler

Propeler is a Mexican equity crowdfunding platform that connects retail investors with high-growth emerging companies seeking private capital. Founded in 2016 by Daniel Mizrahi and a team of entrepreneurs, the company operates as Propeler S.A.P.I. de C.V. and is headquartered in Mexico City. The platform enables individual investors to become shareholders in vetted Mexican startups and growth-stage companies, receiving quarterly reports on company performance and invitations to exclusive shareholder events. Propeler categorizes investment opportunities into two tiers: Propeler companies, which are established businesses with market track records seeking growth capital, and Genesis companies, which are earlier-stage startups that undergo the same rigorous vetting process. The platform focuses on companies with social and environmental impact potential. According to regulatory disclosures on its website, Propeler submitted its authorization application to operate under Mexico's Fintech Law in September 2019 under folio 201900439771, which remains pending as of available information. The platform operates without current supervision from Mexican financial authorities under transitional provisions of the Law to Regulate Financial Technology Institutions. The company presents itself as a commission-free investment platform for private capital raising, though the government has explicitly stated it does not guarantee client resources or assume responsibility for obligations between the platform and its users.