Regxta is a platform that aims to expand financial inclusion by delivering accessible online banking services and business loans tailored for microbusinesses. The solution enables local agents to assist business owners in managing finances, streamlining payment processes, and securing credit. It provides digital KYC and assessment, digital lending and payments, loans, digital monitoring, and credit checks to broaden access to banking for underserved and rural communities. By digitizing these processes, Regxta helps individuals in remote areas build viable business models and gain financial stability.
Bandhu India
Non Equity Assistance in 2023
Bandhu (India) is a technology platform that connects low-income migrant workers with job and housing packages, ensuring safe rural-to-urban migration. They enable cheaper home improvement loans based on the workers' digital rental cash flows.
Mitrata Inclusive Financial Services
Non Equity Assistance in 2023
Mitrata Inclusive Financial Services Pvt. Ltd. is a financial services company based in Gurugram, India, founded in 1985. The company specializes in providing consumer credit facilities to marginalized and excluded groups, focusing on economic upliftment and empowerment. Mitrata targets vulnerable populations, including religious minorities, dalits, marginalized farmers, daily wage workers, and small self-employed vendors, to help them access essential financial services such as credit and insurance. By facilitating easier access to these services, Mitrata aims to support enterprise development and address the economic challenges faced by these communities, particularly rural women, thereby promoting overall economic empowerment.
Regxta
Non Equity Assistance in 2023
Regxta is a platform that aims to expand financial inclusion by delivering accessible online banking services and business loans tailored for microbusinesses. The solution enables local agents to assist business owners in managing finances, streamlining payment processes, and securing credit. It provides digital KYC and assessment, digital lending and payments, loans, digital monitoring, and credit checks to broaden access to banking for underserved and rural communities. By digitizing these processes, Regxta helps individuals in remote areas build viable business models and gain financial stability.
Vexi
Venture Round in 2022
Founded in Mexico City in 2016, Vexi offers a digital credit card service targeting young underbanked populations. Users can manage expenses, create payment plans, and build credit history through its mobile application.
EQL Finance
Pre Seed Round in 2021
EQL Finance is a fintech lender that specializes in providing an online lending platform for small loans without interest or fees. The company focuses on offering interest-free loans that can be repaid over a few months, making it accessible for working families and individuals. In addition to its lending services, EQL Finance provides training and insights into financial management and purchase behavior, helping users enhance their financial literacy and build credit. This comprehensive approach aims to empower individuals to improve their financial management skills and achieve greater financial stability.
Founded in Mexico City in 2016, Vexi offers a digital credit card service targeting young underbanked populations. Users can manage expenses, create payment plans, and build credit history through its mobile application.
Quipu is building the first digital bank for the informal economy in LATAM. Using proprietary AI algorithms, Quipu assesses informal microbusinesses’ creditworthiness using over 80,000 alternative data points. Quipu leverages this data to provide working capital loans through a local supply chain financing system that allows microbusinesses to buy supplies, ingredients and materials at wholesale price. The company is building an uncollateralized loan protocol to boost their loan operation. Quipu’s goal is to become the one-stop-shop for financial services for micro-businesses in LATAM providing easy, fair and alternative access to working capital.
Finclude is a company that has developed a pan-European credit scoring system aimed at enabling businesses to evaluate consumers' creditworthiness based on their transactional behavior, irrespective of their credit history. The platform aggregates and interprets transactional data from various banks, allowing for a comprehensive assessment of an individual's affordability and creditworthiness. This innovative approach assists customers in making informed credit decisions by providing a clearer view of potential borrowers' financial behaviors and capabilities. Finclude's solution addresses the limitations of traditional credit scoring methods, thereby expanding access to credit for a broader range of individuals.
Kredico
Seed Round in 2018
Kredico is an online finance management platform that specializes in assessing credit risk for its members. The platform collects credit requests and generates individualized scorecards for both individual and business members. By utilizing data analysis and credit scoring, Kredico evaluates clients' creditworthiness prior to facilitating deferred payment sales. Once the scorecards are created, they are forwarded to partnering banks for credit approval. The Kredico rating system is regularly updated based on the terms of loan repayments, allowing companies to make informed commercial decisions and effectively manage critical financial risks.
Bankroll.ai
Seed Round in 2018
Bankroll.ai is a fintech platform founded in 2013 and based in Dubai, specializing in enhancing consumer lending decisions for banks through artificial intelligence. The company's innovative technology harnesses machine learning to process extensive data sets, capturing insights into customer decision-making. This fully integratable platform enables banks to effectively manage credit risk, make informed, data-driven product decisions, and elevate customer engagement. By leveraging advanced analytics, Bankroll.ai aims to provide significant value to financial institutions, ultimately transforming the landscape of consumer lending.
Rapicredit
Seed Round in 2017
Rapicredit is an online platform that offers free, short-term loans aimed at promoting financial inclusion and accessibility. The service is characterized by its flexibility, allowing clients to determine the amount of money they need and the repayment period that suits them. By eliminating physical procedures, Rapicredit provides a fully digital experience, enabling personalized credit solutions tailored to individual client needs. This approach not only benefits consumers but also supports micro, small, and medium enterprises by enhancing their access to information and communication technologies related to credit.
eCreditHero
Seed Round in 2016
eCreditHero Inc. is a New York-based company that develops an online application platform designed to assist consumers in fixing and managing their credit. Established in 2013, eCreditHero focuses on providing financial empowerment tailored to the needs of working individuals. The platform aims to simplify the credit management process, enabling users to improve their credit scores and overall financial health.
Atikus is dedicated to enhancing financial inclusion for micro, small, and medium enterprises (MSMEs) by offering innovative, technology-driven financial solutions. The company provides credit insurance, loans, and risk management services that cater specifically to the capital needs of underserved demographics, including women. By focusing on the unique challenges faced by these groups, Atikus aims to increase both the quantity and quality of financial products available, thereby empowering MSMEs to grow and develop. Through its targeted approach, the company works to strengthen the operational capabilities of lenders, ultimately fostering a more inclusive financial ecosystem that supports the future growth of the MSME sector.
Yotepresto
Seed Round in 2015
Yotepresto is a Mexican online marketplace that connects individual and institutional investors with near-prime borrowers seeking personal loans. It employs a proprietary scoring model to assess risk and determine interest rates, fostering a community-based lending model.