Invested through |
|
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Asset Classes | Private debt |
Impact strategy | Financial Inclusion |
Aligned with SDGs |
Konfío in Mexico, a leading Fintech company that provides working capital loans to small and medium-sized enterprises (SMEs) through a digital platform. Founded in 2014, Konfío has changed the way SMEs get access to credit and financing. Through its online platform and cloud-based technology, Konfío processes thousands of data points from MSMEs using big data analytics and approves loans in real-time.
In doing so, Konfío drives financial inclusion in Mexico by giving straightforward, fast and convenient financial solutions at competitive rates that meet the real and actual needs of small businesses. There are approximately 4.5 million SMEs in Mexico but only 500,000 currently have access to credit. Konfío enables underserved businesses, even those without any formal credit history, to benefit from the formal economy and obtain capital to boost their businesses.