Flexiloans
Series C in 2024
FlexiLoans is a Mumbai-based lending platform established in 2016, dedicated to providing quick and flexible funding solutions for small and medium-sized enterprises (SMEs) in India. Recognizing that over 80% of loan applications from SMEs are often rejected by traditional financial institutions due to insufficient credit history or collateral, FlexiLoans aims to bridge this financing gap. The company leverages digital transformation and advanced data analytics to create an online marketplace that connects loan seekers with potential investors. This innovative approach allows SMEs, particularly those lacking conventional credit histories, to access customized business loans, seasonal inventory financing, and equipment funding. By focusing on alternative scoring methods, FlexiLoans aspires to tap into the significant unserved demand within the SME sector, fostering growth and economic development.
Verqor is an innovative platform that transforms the agricultural sector by integrating finance and technology. It provides farmers with access to cashless credits, facilitating the purchase of essential supplies and machinery. By employing an alternative data-driven credit scoring system, Verqor aims to enhance financial inclusion within the agricultural community. The platform connects various stakeholders in the agriculture industry, including buyers, sellers, and financial institutions, promoting collaboration and transparency. Financial institutions can issue low-risk credits based on Verqor's unique credit assessment criteria, ensuring that farmers can acquire necessary resources while enabling crop buyers to access quality produce. This approach empowers farmers and strengthens supply chain management in the agriculture sector.
Tienda Pago
Series B in 2022
Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.
Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.
Capiter is a B2B e-commerce marketplace based in Cairo, Egypt, that connects small businesses, wholesalers, and vendors on a unified platform. Founded in 2019, the company offers on-demand cash flow solutions, allowing suppliers to convert sales into immediate cash while minimizing collection and credit risks. Merchants can order products directly through the platform and access credit facilities, enhancing their purchasing power. Capiter employs advanced technology and machine learning to optimize the supply chain, ensuring efficient service delivery and accurate data management. This approach facilitates improved financial cycles and supports the growth of small businesses by providing flexible payment options and immediate vendor payments.
Lidya is a financial services platform based in Lagos, Nigeria, focused on improving access to credit and finance for small and medium enterprises. Founded in 2016, Lidya enables businesses to open accounts online, manage funds, and access credit within 15 minutes using mobile-first technology and proprietary credit scoring algorithms. The platform offers a range of banking services, including invoice financing and working capital, designed to help business owners build credit profiles and secure affordable financing. Additionally, it provides tools and dashboards for managing receivables and cash flow, allowing businesses to enhance their credit scores and unlock higher credit limits.
TerraMagna
Seed Round in 2020
TerraMagna is a digital lender based in Brazil, specializing in the agricultural sector of Latin America. The company offers a range of financial products tailored to meet the specific needs of farmers and agricultural businesses. These products include personal loans, CFB lending, embedded buy now pay later (BNPL) options for agricultural inputs, and crop-collateralized financing, all accessible through a user-friendly web interface. By addressing the unique challenges and opportunities within agriculture, TerraMagna aims to enhance the resilience of the agricultural value chain and promote sustainable food security.
CreditMantri
Venture Round in 2020
CreditMantri is a digital credit services management platform based in India that focuses on helping consumers understand and improve their credit health. The platform creates an individual credit profile by integrating data from institutional sources, such as credit history and scores from credit bureaus, as well as alternate data sources. Based on this comprehensive credit profile, CreditMantri guides users towards the most suitable financial products, including loans and credit cards, and offers credit improvement services. Additionally, CreditMantri provides lender-specific services, including a marketplace for credit products, solutions for lenders to facilitate instant credit decisions for new users, and verification services. The company collaborates with over 55 lenders to enhance the credit experience for both consumers and financial institutions.
Khazna operates a mobile application platform designed to enhance financial services for Egyptians, particularly targeting the 50% of smartphone users who lack access to formal financial systems. The super app provides a range of services including General Purpose Credit, Buy Now Pay Later (BNPL), bill payments, savings, and insurance. It also facilitates cash advances for employees to address unforeseen emergencies and allows users to transfer and receive funds without incurring transaction fees. By focusing on digitizing cash transactions, Khazna aims to offer convenient, effective, and secure financial solutions, thereby improving financial inclusion in Egypt and potentially beyond.
SMECorner
Series B in 2020
SMEcorner is a financial lending firm headquartered in Mumbai, Maharashtra, India, that specializes in providing quick access to business loans for micro, small, and medium enterprises. Established in 2014, the company aims to address the lending gap for SMEs in India through its online platform, which leverages machine learning, data science, and artificial intelligence. SMEcorner offers two main products: unsecured business loans and loans against property. The company's lending process incorporates both traditional and alternative data, allowing for efficient decision-making. By minimizing paperwork and streamlining the application process, SMEcorner enables small business owners to secure funding with just a few clicks in a secure digital environment.
Prayaan Capital
Seed Round in 2020
Prayaan Capital, established in 2018 and headquartered in Chennai, India, is a financial technology company specializing in lending services for micro, small, and medium enterprises (MSMEs). It offers a range of financial products, including secured and unsecured loans, machinery loans, and loans for small businesses, traders, and manufacturing units. Additionally, Prayaan Capital provides mobile-based solutions, insurance services, advisory support for business growth and government schemes, and tools for enhancing business operations.
Ftcash is a rapidly growing financial technology company in India that focuses on empowering micro-merchants and small businesses through digital payments and credit access. Utilizing a proprietary algorithm, ftcash assesses creditworthiness by analyzing transaction data from its payments platform, along with various other data points, including psychometric analysis. This enables the company to provide institutional financing to small and medium enterprises (SMEs) and facilitate loan recovery from daily transaction flows. The platform allows merchants to accept payments via multiple instruments, including debit and credit cards, as well as mobile wallets, without requiring additional hardware or POS devices. Since its launch in 2015, ftcash has received support from major financial entities like PayPal and MasterCard and is in the process of expanding its services globally, aiming to enhance financial inclusion for SMEs.
SMECorner
Series A in 2019
SMEcorner is a financial lending firm headquartered in Mumbai, Maharashtra, India, that specializes in providing quick access to business loans for micro, small, and medium enterprises. Established in 2014, the company aims to address the lending gap for SMEs in India through its online platform, which leverages machine learning, data science, and artificial intelligence. SMEcorner offers two main products: unsecured business loans and loans against property. The company's lending process incorporates both traditional and alternative data, allowing for efficient decision-making. By minimizing paperwork and streamlining the application process, SMEcorner enables small business owners to secure funding with just a few clicks in a secure digital environment.
Destacame
Series A in 2019
Destacame SpA, based in Santiago, Chile, is a pioneering company that offers a behavior-based credit scoring service, the first of its kind in Latin America. The firm develops an online financial management platform designed to enhance financial inclusion and health. Its suite of products enables users to manage various aspects of their financial lives, including past-due debt repayment, credit history, consumer loans, credit cards, and savings. By providing tools that allow individuals to take control of their financial wellbeing, Destacame aims to improve access to credit and empower its customers to enhance their financial situations.
Jeitto is a financial technology company based in São Paulo, Brazil, founded in 2014. It operates a digital platform that offers interest-free loans, targeting unbanked individuals. The app combines loan services with functionalities for mobile recharges and bill payments, aiming to enhance users' financial experiences by providing credit and convenience. Jeitto's platform features a digital wallet that allows users to make purchases and payments using a credit limit accessible through the app, facilitating access to credit for small transactions.
SMECorner
Seed Round in 2018
SMEcorner is a financial lending firm headquartered in Mumbai, Maharashtra, India, that specializes in providing quick access to business loans for micro, small, and medium enterprises. Established in 2014, the company aims to address the lending gap for SMEs in India through its online platform, which leverages machine learning, data science, and artificial intelligence. SMEcorner offers two main products: unsecured business loans and loans against property. The company's lending process incorporates both traditional and alternative data, allowing for efficient decision-making. By minimizing paperwork and streamlining the application process, SMEcorner enables small business owners to secure funding with just a few clicks in a secure digital environment.
Lend Street Financial
Series A in 2018
Lend Street Financial, Inc. specializes in consumer lending solutions aimed at individuals facing financial difficulties. The company assists clients in refinancing existing debt and offers negotiation services with creditors to secure discounts on their debts. This enables customers to reduce their overall financial burden while working towards rebuilding their credit. Founded in 2010 and headquartered in Oakland, California, Lend Street serves various states, including Arizona, California, Florida, and Texas, among others. By establishing partnerships within the financial sector, the company is able to provide valuable support to those seeking to regain control of their financial lives.
Lidya is a financial services platform based in Lagos, Nigeria, focused on improving access to credit and finance for small and medium enterprises. Founded in 2016, Lidya enables businesses to open accounts online, manage funds, and access credit within 15 minutes using mobile-first technology and proprietary credit scoring algorithms. The platform offers a range of banking services, including invoice financing and working capital, designed to help business owners build credit profiles and secure affordable financing. Additionally, it provides tools and dashboards for managing receivables and cash flow, allowing businesses to enhance their credit scores and unlock higher credit limits.
Tienda Pago
Series A in 2018
Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.
Lidya is a financial services platform based in Lagos, Nigeria, focused on improving access to credit and finance for small and medium enterprises. Founded in 2016, Lidya enables businesses to open accounts online, manage funds, and access credit within 15 minutes using mobile-first technology and proprietary credit scoring algorithms. The platform offers a range of banking services, including invoice financing and working capital, designed to help business owners build credit profiles and secure affordable financing. Additionally, it provides tools and dashboards for managing receivables and cash flow, allowing businesses to enhance their credit scores and unlock higher credit limits.
CreditMantri
Series B in 2017
CreditMantri is a digital credit services management platform based in India that focuses on helping consumers understand and improve their credit health. The platform creates an individual credit profile by integrating data from institutional sources, such as credit history and scores from credit bureaus, as well as alternate data sources. Based on this comprehensive credit profile, CreditMantri guides users towards the most suitable financial products, including loans and credit cards, and offers credit improvement services. Additionally, CreditMantri provides lender-specific services, including a marketplace for credit products, solutions for lenders to facilitate instant credit decisions for new users, and verification services. The company collaborates with over 55 lenders to enhance the credit experience for both consumers and financial institutions.
Destacame
Seed Round in 2017
Destacame SpA, based in Santiago, Chile, is a pioneering company that offers a behavior-based credit scoring service, the first of its kind in Latin America. The firm develops an online financial management platform designed to enhance financial inclusion and health. Its suite of products enables users to manage various aspects of their financial lives, including past-due debt repayment, credit history, consumer loans, credit cards, and savings. By providing tools that allow individuals to take control of their financial wellbeing, Destacame aims to improve access to credit and empower its customers to enhance their financial situations.
Aire
Venture Round in 2016
Aire is a credit assessment and automation platform that aids in underwriting decisions, founded in 2014 and headquartered in London, with expansion into the United States. The company offers consumers the ability to obtain their credit scores, facilitating applications for loans and credit cards. In the UK, customers can contact Experian UK for data requests related to their credit files associated with Aire.
Destacame
Seed Round in 2016
Destacame SpA, based in Santiago, Chile, is a pioneering company that offers a behavior-based credit scoring service, the first of its kind in Latin America. The firm develops an online financial management platform designed to enhance financial inclusion and health. Its suite of products enables users to manage various aspects of their financial lives, including past-due debt repayment, credit history, consumer loans, credit cards, and savings. By providing tools that allow individuals to take control of their financial wellbeing, Destacame aims to improve access to credit and empower its customers to enhance their financial situations.
Aire
Venture Round in 2016
Aire is a credit assessment and automation platform that aids in underwriting decisions, founded in 2014 and headquartered in London, with expansion into the United States. The company offers consumers the ability to obtain their credit scores, facilitating applications for loans and credit cards. In the UK, customers can contact Experian UK for data requests related to their credit files associated with Aire.
Tienda Pago
Seed Round in 2015
Tienda Pago is a merchant support platform designed to facilitate weekly merchandise purchases for small merchants in emerging markets. By offering a mobile cashless payment system, it enables traders to finance consumer goods and manage inventory more effectively. The platform operates on a closed-loop payment mechanism that leverages mobile technology, allowing merchants to transact without cash and incentivizing them to purchase high-demand products on credit. This approach not only enhances sales and profit margins for traders but also fosters a collaborative ecosystem among distributors and merchants. Tienda Pago aims to reduce transaction inefficiencies and costs, ultimately benefiting all participants involved in the supply chain.
Dvara
Venture Round in 2015
Dvara is a financial inclusion platform operating in India, comprising several businesses. Dvara KGFS establishes and supports local, geographically focused community financial services institutions, Kshetriya Gramin Financial Services (KGFS), catering to remote rural markets. Dvara Solutions, a software company based in Bengaluru, helps financial institutions enhance their customer-centricity. Dvara Research aims to ensure universal access to financial services. The platform operates a non-banking financial institution, offering agent-based and correspondent banking solutions, including money transfers, bill payments, loans, savings, and more, empowering low-income households and enabling financial well-being.
SMECorner
Pre Seed Round in 2015
SMEcorner is a financial lending firm headquartered in Mumbai, Maharashtra, India, that specializes in providing quick access to business loans for micro, small, and medium enterprises. Established in 2014, the company aims to address the lending gap for SMEs in India through its online platform, which leverages machine learning, data science, and artificial intelligence. SMEcorner offers two main products: unsecured business loans and loans against property. The company's lending process incorporates both traditional and alternative data, allowing for efficient decision-making. By minimizing paperwork and streamlining the application process, SMEcorner enables small business owners to secure funding with just a few clicks in a secure digital environment.
CreditMantri
Series A in 2015
CreditMantri is a digital credit services management platform based in India that focuses on helping consumers understand and improve their credit health. The platform creates an individual credit profile by integrating data from institutional sources, such as credit history and scores from credit bureaus, as well as alternate data sources. Based on this comprehensive credit profile, CreditMantri guides users towards the most suitable financial products, including loans and credit cards, and offers credit improvement services. Additionally, CreditMantri provides lender-specific services, including a marketplace for credit products, solutions for lenders to facilitate instant credit decisions for new users, and verification services. The company collaborates with over 55 lenders to enhance the credit experience for both consumers and financial institutions.
Lend Street Financial
Seed Round in 2015
Lend Street Financial, Inc. specializes in consumer lending solutions aimed at individuals facing financial difficulties. The company assists clients in refinancing existing debt and offers negotiation services with creditors to secure discounts on their debts. This enables customers to reduce their overall financial burden while working towards rebuilding their credit. Founded in 2010 and headquartered in Oakland, California, Lend Street serves various states, including Arizona, California, Florida, and Texas, among others. By establishing partnerships within the financial sector, the company is able to provide valuable support to those seeking to regain control of their financial lives.
IntooBR
Seed Round in 2015
Intoo is a B2B plataform that facilitates the proccess of getting credit before banks and institutional investors.
Konfio
Convertible Note in 2014
Konfio is a financial services platform based in Mexico City, founded in 2013, that caters to small and medium-sized enterprises (SMEs) and micro entrepreneurs. The company offers a range of financial solutions including corporate credit cards, working capital loans, online payment solutions, and life insurance products. Konfio's mission is to support the growth and productivity of SMEs in Mexico by providing convenient and affordable access to credit options. The platform uses proprietary algorithms that combine data and technology to assess creditworthiness, thereby serving customers who are often underserved by traditional banking institutions.
Varthana
Seed Round in 2013
Varthana is a financial services company focused on enhancing private education in India by providing tailored financial solutions to low-cost private schools. It partners with education entrepreneurs dedicated to improving access to high-quality education in low-income communities. Varthana offers both secured and unsecured loans designed for various projects, including infrastructure renovations, library and playground additions, laboratory upgrades, smart classroom technology, teacher training programs, and transportation services like school buses. Through its support, Varthana aims to empower private schools to better serve students from economically disadvantaged backgrounds, thereby contributing to the overall improvement of educational facilities in the region.