Online-lending Platform Konfío Helps LATAM SMEs Get Funding
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Опубликовано 8 января 2019, 15:44
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As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America. This opportunity was something the team observed in their home country of Mexico. Learn more from Francisco Padilla, Cofounder and CTO of Konfío.
As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America. This opportunity was something the team observed in their home country of Mexico. Learn more from Francisco Padilla, Cofounder and CTO of Konfío.
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