Konfio

lendingp2p lendingsme financing

FOUNDING YEAR: 2013
LOCATION: Mexico
Last Update: 19/01/2021

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About

Konfo is an online lending platform that helps micro-businesses in Latin America who dont have access to credit obtain affordable loans, thanks to a propriety algorithm that uses technology to measure creditworthiness. Our mission is to boost the regional economy with productive loans for young promising businesses who need it the most.

MEDICI Analysis

Konfio is an online lending platform that helps micro-businesses in Latin America who don’t have access to credit obtain affordable loans.

Focus

PRODUCTS & SERVICES

P2P lending for underserved microenterprises in Latin America. It offers loans ranging from MXN $10,000 to $350,000 for terms ranging from 4-36 months.

REVENUE MODEL

The company generates revenue by charging 5% monthly interest rate.

MAIN CLIENTS

Micro-business

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

280,582

AVERAGE VISITS (6 MONTHS)

366,473.78

MONTHLY VISITS GROWTH

-9.44%

VISIT DURATION

113

VISIT DURATION GROWTH

33.31%

PAGE VIEWS VISIT

1.76

PAGE VIEWS VISIT GROWTH

-5.73%

BOUNCE RATE

77.48%

BOUNCE RATE GROWTH

-1.26%

GLOBAL TRAFFIC RANK

163,487

MONTHLY RANK CHANGE

-9,019

MONTHLY RANK GROWTH

-5.23%

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Konfio

About

Konfio is an online lending platform that helps micro-businesses in Latin America who don’t have access to credit obtain affordable loans

Focus

PRODUCTS & SERVICES

P2P lending for underserved microenterprises in Latin America

REVENUE MODEL

The company generates revenue by charging 5% monthly interest rate.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

employee: David Arana(CEO);

employee: David Arana(CEO);

employee: David Arana(CEO);

BOARD MEMBERS AND ADVISORS:

Alvaro Ley, Hernando Aguilera, Sergio Correu, Nopic Martin Ley

INVESTORS:

Jaguar Ventures

Venture Lab

Momentum

FUNDED

YES

TOTAL FUNDING:

$8 M

LISTED

NO

FUNDING SERIES

SERIES A  · $8 M  · May 2016