Konfio

Konfio is a financial technology company based in Mexico City, founded in 2013 by David Arana and Francisco Padilla. It specializes in providing online financial solutions aimed at micro and small businesses, offering products such as fixed-rate loans, short-term business credit, corporate credit cards, and online payment solutions. The company also provides business productivity software and a loyalty program to enhance growth and efficiency for its clients. Utilizing a proprietary algorithm, Konfio assesses creditworthiness by integrating traditional financial analysis with advanced data and technology, thereby facilitating access to credit for underserved businesses. This approach enables small and mid-sized enterprises to secure funding at competitive rates, supporting their operational expansion and overall economic growth.