• FOUNDING YEAR: 2013
    LOCATION:
    Mexico
    REGION:
    Ciudad de México CDMX
    Last Update:
    27 Jun, 2019
    Phone:
    +52 55 4161 3564

Description

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:
Viewable by subscribers only
MAIN CLIENTS:
Micro-business

PEOPLE

FOUNDERS:
Francisco Padilla, David Aranac, Pako Padilla Sanchez
Board Members and Advisors:
Alvaro Ley, Hernando Aguilera, Sergio Correu, Nopic Martin Ley
NUMBER OF EMPLOYEES:
1-10
KEY EMPLOYEES:
David Arana (CEO); Francisco Padilla (CTO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$43 Millions
DATE OF LAST FUNDING:
Jul 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to strengthen its operations, grow its user base, and adopt corporate best practices. (July 2018)
FUNDING SERIES:
SERIES A
$8 Millions Closed: May 2016
SERIES B
$10 Million Closed: Oct 2017
SERIES C
$25 Millions Closed: Jul 2018
DEBT FUNDING:
$60 Millions
LISTED:
NO

LATEST RESEARCH