Baubap

Baubap is a fintech company based in Mexico City, specializing in AI-powered micro-lending and digital financial services for underserved individuals in Mexico and Latin America. Founded in 2018, it is recognized as Latin America's first AI-driven, credit-focused bank. Baubap leverages machine learning to provide fast and accessible microfinancing solutions through a fully digital platform. The company offers AI-powered micro-lending, allowing users to apply for small, short-term personal loans via its user-friendly mobile app. Baubap aims to expand financial inclusion by providing loans without the need for traditional credit history or extensive documentation. It primarily serves individuals with limited or no credit history, including those in urban and remote areas. Baubap has issued over 8 million loans, injecting approximately US$600 million into the Mexican economy, and plans to introduce additional financial products in the future. With a team of around 150 employees, Baubap continues to grow and maintain profitability while focusing on its mission to enhance credit access for financially excluded populations.