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Konfío is a prominent Mexican fintech company founded in 2014, focused on delivering digital financial services to small and medium-sized enterprises (SMEs). It operates the largest online lending platform for SMEs in Mexico, utilizing cloud technology and big data analytics to assess creditworthiness and approve loans in real time. The company offers a range of services, including multi-million dollar lines of credit through an online portal, a business credit card designed for expense management, and payment solutions that enable businesses to accept card payments with competitive commission rates. Konfío primarily generates revenue from interest on credit lines and interchange fees from its credit card and payment terminal services. Targeting Mexico's underserved SME market, Konfío aims to bridge the financing gap faced by many businesses. With a commitment to financial inclusion, the company has raised significant funding to support its mission and has implemented supportive measures for clients during crises, such as a payment postponement plan for those affected by Hurricane Otis in 2023.
World Business Lenders, LLC (WBL) is a private direct lender based in Jersey City, New Jersey. Founded in 2011, the company specializes in short-term, real estate-secured business loans and working capital for small-to-medium-sized enterprises (SMEs) that may not have access to traditional bank funding. WBL targets various sectors, including trucking, contracting, and floristry, and offers online applications through wholesale referral partners. WBL provides loans with daily or weekly repayment schedules and interest rates starting at 13%. The company has raised over $56 million in funding and employs approximately 252 people. Under the leadership of Chairman and CEO Doug Naidus, WBL aims to support the growth and development of SMEs across the United States.
Smart micro financing for everyone
Clear.co for LATAM. Revenue based financing for online sellers.
Digital banking for businesses in Latam.