Credit

Kredi is a Mexican fintech company founded in 2021 and based in Monterrey, Mexico. It operates a digital mortgage loan marketplace that aims to simplify and democratize access to home financing in Latin America. Kredi's platform allows users to apply for mortgage loans online by completing a single credit application. The company utilizes advanced underwriting models and credit bureau data to screen applicants and gather offers from over 10 banks and lenders, enabling customers to compare financing options tailored to their needs. Kredi significantly reduces the mortgage origination time from the traditional 14 weeks to about 3 weeks, with plans to shorten it to just 1 week. This efficiency is achieved through technology-driven processes that enhance transparency and competition among lenders. Kredi's services empower homebuyers in Mexico by providing them with more options and faster decisions, making homeownership more attainable. The company also plans to expand its services to other Latin American countries, including Colombia and Guatemala.