Covalto

Covalto, formerly known as Credijusto, is a financial technology company based in Mexico City that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Founded in 2015, Covalto has developed a robust technology infrastructure that utilizes digital tax, e-invoice, and financial data to streamline the underwriting and servicing of SMEs. The company offers a multi-product credit platform, banking services, and a suite of business analytics tools, all designed to facilitate accessible and transparent credit for business growth. In 2021, Covalto distinguished itself as the first fintech in Mexico to acquire a regulated bank, further enhancing its digital banking and service offerings for SMEs.

David Poritz

Co-Founder, Co-CEO and Board Member

Past deals in Credits and Lending

Vexi

Debt Financing in 2025
Vexi is a financial technology company based in Mexico City that focuses on providing credit card services to the young and underbanked population in Latin America. Founded in 2016, Vexi aims to make credit more accessible through a fully digital onboarding process and a user-friendly mobile application. The platform allows users to develop personalized payment plans, manage expenses, and build credit history with minimal documentation. Vexi offers both an online credit card for digital purchases and a physical card for transactions at retail establishments, with no annuity charges, making it easier for underserved individuals to access formal credit. Through its proprietary technology, Vexi enhances the customer experience while promoting financial inclusion.

Aviva

Debt Financing in 2025
Aviva is an innovative digital bank focused on providing financial services to underbanked communities in Latin America, particularly targeting Mexico's population of over 40 million individuals. By leveraging artificial intelligence and video technology, Aviva aims to bridge the gap for those living in remote areas through physical onboarding kiosks. These nano-branches facilitate a seamless onboarding process, allowing customers to complete a documentless, three-minute video application for credit. Aviva’s unique approach includes using natural language processing to analyze spoken responses and assess emotional cues, which enhances its ability to evaluate thin-file customers. By employing these advanced risk models, Aviva is committed to offering unsecured credit products at competitive interest rates, thereby supporting the financial inclusion of underserved individuals and nano-businesses.

Banco Finterra

Acquisition in 2021
Banco Finterra is one of the banks that has provided working capital credit lines that it has been able to use to leverage its growth.

VISOR ADL

Acquisition in 2021
Visor ADL, S.A.P.I. de C.V. is a Mexico City-based company that specializes in developing a loan originator and customer management platform tailored for financial institutions. Founded in 2015, the company provides a range of services including customer management, dynamic risk analytics, proactive loan placement, and dynamic portfolio management. Visor ADL aims to empower enterprises by offering data and insights to facilitate critical financing and trade decisions related to private companies. The company is focused on building a comprehensive Enterprise Health Bureau in e-invoicing countries and operates in both Mexico and Brazil. It is backed by several venture capital firms, highlighting its commitment to innovation in the financial sector.
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