Non Equity Assistance in 2023
Developer of a fintech platform intended to offer a quick, transparent, and secure way to manage your day-to-day needs. The company's platform offers a scan now and pay later experience without the interest fees or hidden charges, it provides consumers with personal loans, insurance, mutual funds, bill payments, and gold savings, enabling users to manage their day-to-day needs in an interest-free, quick, transparent, and secure way and avail credit to underserved & underbanked..
Vexi is a financial technology company based in Mexico City, founded in 2016. It specializes in providing credit card services aimed at the young, underbanked population in Latin America, facilitating access to formal credit. Through its mobile application, Vexi enables users to create personalized payment plans, manage their expenses, and build their credit history with minimal documentation. The company offers both a digital credit card for online transactions and a physical card for in-person purchases, all designed to enhance user experience and financial literacy. Vexi's proprietary technology aims to streamline the onboarding process, making credit more accessible and secure for underserved individuals.
Sofi is a financial technology company established in 2018 that focuses on debt collection and financial education. The company has developed a platform aimed at facilitating debt negotiation, utilizing software that analyzes user behavior to enhance decision-making processes. This technology empowers consumers to choose how they wish to settle their debts, which helps to lower delinquency rates among debtors. Additionally, Sofi's approach optimizes the collection process for creditors, thereby improving efficiency in managing outstanding debts.
Vexi is a financial technology company based in Mexico City, founded in 2016. It specializes in providing credit card services aimed at the young, underbanked population in Latin America, facilitating access to formal credit. Through its mobile application, Vexi enables users to create personalized payment plans, manage their expenses, and build their credit history with minimal documentation. The company offers both a digital credit card for online transactions and a physical card for in-person purchases, all designed to enhance user experience and financial literacy. Vexi's proprietary technology aims to streamline the onboarding process, making credit more accessible and secure for underserved individuals.
Developer of an online technology platform designed for small and medium enterprises to liquidate their accounts receivable. The company's platform allows business owners to receive money from their sales without having to wait for payment deadlines and generate an immediate cash flow in their operation, enabling clients to solve their working capital needs and increase liquidity.
FinLoop positions itself as a credit management platform for the real estate industry.
Non Equity Assistance in 2021
Developer of a fintech platform designed to offer intelligent and flexible credit to people who sell online. The company's platform provides financing for online regional sellers through customizable payments based on their sales, allowing businesses to pay as they sell based on the metrics of their stores.
Flexio is a checkout technology company focused on transforming the financial landscape in Latin America through innovative point-of-sale financing solutions. The company aims to enhance consumer experiences by offering straightforward, transparent, and honest financial products. Flexio's digital payment platform enables businesses to manage collections and payments remotely, allowing them to efficiently receive invoices via email, automate data downloads, and ensure timely payment approvals. By prioritizing simplicity and privacy, Flexio serves as a vital financing solution for consumers while meeting the needs of merchants, thus contributing to a more accessible financial ecosystem in the region.
Zizu is a neobank focused on serving the US Hispanic market, aiming to empower this community with a comprehensive banking platform that offers affordable and accessible financial services. The company provides a multi-product suite designed to facilitate card-to-card remittance services, enabling users to send money and airtime to their families with ease. Zizu's platform enhances financial security for users by minimizing cash transactions, allowing them to accept, process, and disburse funds efficiently. Through its innovative approach, Zizu seeks to address the unique banking needs of the Hispanic community in the United States.
Home Lending Pal built the first Automated Mortgage Advisor that simulates buying a home with multiple lenders to determine mortgage approval odds and affordability impact based on lifestyle. HLP merges online data from trusted sources to streamline application, reduce the need to scan paper documents, and simplify the home buying process with data-driven workflows, AI and blockchain technology. We educated borrowers on homeownership options while collecting underwriting documents at scale for lenders.
Creci Inc. operates a platform that facilitates loans and credit facilities for social impact small and medium enterprises (SMEs). Established in 2019 and headquartered in Hollywood, Florida, with additional offices in Medellin and Bogota, Colombia, the company provides an online tool that assesses project impact and assigns a social impact score. This allows small businesses to evaluate their alignment with social impact goals and track performance metrics across their portfolios. Creci is dedicated to supporting entrepreneurs who aim to address critical global challenges, particularly those aligned with the United Nations Sustainable Development Goals. The platform streamlines the loan application process, reducing paperwork and enabling quicker access to financing for entrepreneurs.
Fellow Pay operates an online platform designed to assist small and medium-sized enterprises in obtaining financing and credit. Founded in 2017 and based in Copenhagen, Denmark, the platform allows users to upload invoices, apply for credit, and undergo automatic credit checks. The company focuses on providing innovative financial solutions that empower businesses to reach their full potential.
Datacultr is a PaaS that allows consumer lending companies to significantly reduce their risk on 'New to Credit' customers. Datacultr allows the lender to give out unsecured loans, at a lower risk, by allowing borrowers to present their newly purchased or existing smartphone as collateral.
Provider of debt management technologies intended to pay, consolidate, and refinance all debts of a defaulter individual. The company's platform technology allows a user to pay the debt installments via the platform with credit and debit cards or bank transfers and subsidizes debts of a non-payer whose registration at credit bureaus prevents him from getting a job or requesting additional credit, enabling individuals to get free from their debt repayments through a personalized financial technology.
Aplazo is a fintech platform based in Mexico that facilitates online installment payments for users making purchases at affiliated stores. The platform allows customers to apply online and choose a payment method that enables them to pay for their products in fixed installment plans. By providing this service, Aplazo aims to enhance financial access and opportunities for consumers while helping businesses expand their customer base through innovative payment solutions.
BridgeCare Finance, Inc. is a company based in Seattle, Washington, that specializes in childcare education financing solutions. Established in 2016, it offers family payment plans to assist parents in covering their children's tuition fees. Additionally, BridgeCare provides a white-label platform for childcare data and community management, designed to support organizations that assist both parents and childcare providers. Through these services, BridgeCare aims to facilitate access to quality childcare and improve financial management for families.
Finclude offers financial well being services that empower EU citizens fair access to credit and expand the retail credit markets for financial institutions.
Worthy Financial, Inc. is a financial services company based in Boca Raton, Florida, founded in 2016. It operates a micro-investment app that allows users to save and grow their money through small, incremental investments. The app automatically invests users' spare change into interest-earning bonds, specifically a $10 bond that offers a 5% return. The proceeds from these bond sales are primarily loaned to small, creditworthy businesses across the United States, using collateral such as inventory and accounts receivable to secure the funds. By connecting retail investors with alternative investment opportunities, Worthy Financial aims to strengthen local communities and provide accessible financial growth options for everyday Americans.
Solfeh.com operates an online micro-lending platform that allows users to get short term loans. It offers solfeh.com system, an online scoring system that allows the company to evaluate the user for a loan; and enables users to choose the amount and repayment schedule, as well as to apply through its Website. The user can receive money from the authorized money changers when the loan was approved and repayment will be deducted directly from their salary. Solfeh.com is based in Amman, Jordan.
Provider of financial lending services intended to provide financial inclusion to the low-income and unbanked entrepreneur population. The company provides finance based on a model that evaluates clients based on behavior and reliability, enabling lower-income business clients to get affordable and legal alternative nano-credit and reducing financial vulnerability.
MPOWER Financing is a Public Benefit Corporation based in Washington, D.C., that provides educational loans to international and DACA students studying in the United States and Canada. Founded in 2014, the company offers loans ranging from $2,001 to $50,000, which can be used for various student-related expenses, including tuition, housing, and books. Notably, MPOWER does not require a co-signer, collateral, or a U.S. credit history, utilizing a proprietary credit algorithm that assesses future potential instead. Loans are structured as 10-year fixed-rate agreements, with repayments beginning six months after graduation. The company also offers additional support services, such as interest discounts, personal finance education courses, credit-building resources, and job placement assistance. By partnering with universities, MPOWER identifies potential loan candidates and directly disburses funds to educational institutions for tuition and related expenses.
Developer of an online financial platform designed to help small businesses gain access to additional sources of credit. The company's platform connects small businesses to public and private capital sources, enabling business owners to access funds to grow their operations.
Kredico is an online platform where members' credit requests are collected, score cards are created, and an agreed bank is sent for credit approval. Kredico works with the membership system. Individual score cards are produced for individual and business members. The Kredico rating is updated according to the loan repayment terms.
Tekkredi is a platform that specializes in credit consolidation and restructuring, aimed at helping individuals manage their loan debts more effectively. The service allows users to close existing debts and combine them into a single loan with a bank of their choice. By doing so, Tekkredi enables clients to restructure their financial obligations into a more manageable and affordable payment plan, alleviating the stress associated with multiple monthly payments. The platform is designed to provide a simplified approach to debt management, promoting financial well-being for its users.
Fig Tech, Inc. is a financial services company based in Sugar Land, Texas, that specializes in providing loans for low-income families. Founded in 2015, the company offers a variety of financial products, including emergency loans, payday loans, and auto title loans, designed to assist customers in financial distress. Fig Tech emphasizes affordability and flexibility in its repayment plans, aiming to help clients manage their debts and improve their credit scores. The company also collaborates with organizations like Family Houston to offer loans that are significantly more affordable than traditional options. Through its in-house loan management software, Fig Tech enhances the efficiency of its loan servicing, making it easier for borrowers to navigate their financial challenges.
Social Lender is a lending solution based on social reputation on mobile, online and social media platforms.
Patasente is a factoring platform aimed at small and medium-sized enterprises (SMEs), traders, and farmers. The platform facilitates access to credit, allowing users to purchase and pay for goods on favorable terms. Through its web and mobile applications, as well as a durable payment card, Patasente enables users to manage transactions effectively both in physical stores and online. By offering these services, the platform helps farmers, warehouses, and factories enhance their earnings, lower expenses, and improve cash flow.
Doopla is a peer-to-peer (P2P) lending platform that provides above-market returns to investors, while charging below-market interest rates to borrowers.
Bankroll.ai is a fintech platform founded in 2013 and based in Dubai, focused on enhancing consumer lending decisions for banks through artificial intelligence. By leveraging machine learning, the company offers an integratable platform that processes large data sets to analyze customer decision-making. This technology assists banks in managing credit risk, making informed data-driven product decisions, and improving customer engagement. Bankroll.ai's innovative approach aims to increase customer value and streamline the lending process for financial institutions.
Mutuo AG is one of the leading online loan providers in Switzerland and located in Basel. They have been operating as a financial service provider for over 30 years and above all their success comes from satisfied, loyal clients, who recommend us. They are happy about your visit in their branch office or call to attend to you personally. Use their online loan calculator in order to calculate your optimal monthly installment and benefit from an easy and efficient processing of your online loan inquiry with the best terms.
Rapicredit is a developer of an online short-term loan platform aimed at enhancing financial inclusion and accessibility. The platform offers a flexible approach, allowing clients to determine the amount of money they need and the repayment period. By eliminating physical procedures, Rapicredit provides a seamless and efficient borrowing experience tailored to individual needs. Its services are designed to support micro, small, and medium enterprises by leveraging information and communication technologies, thereby democratizing access to credit. The emphasis on personalization and speed distinguishes Rapicredit as a valuable resource for businesses seeking financial solutions.
Loans4SME connects small businesses with lenders to provide cash-flow based loans. With a product suite tailored for high growth companies and a seemless, technology driven approach to lending, they provide a collateral free solution for every financing need your business has. They have built a vast network of lenders including banks, NBFCs, venture debt firms and family offices. Our experts help you navigate The complex debt financing landscape so you get timely capital.
Shiksha Financial Services India Private Limited is a non-bank finance company based in Chennai, India, that specializes in providing loans for asset creation, working capital, and school fees within the education sector. Founded in 2014, the company primarily targets education entrepreneurs, particularly those serving middle and low-income communities, to enhance access to quality education. Shiksha Finance offers asset finance loans to private schools, vocational institutes, and coaching centers, enabling them to develop infrastructure and acquire necessary resources. Additionally, the company provides student loans to groups of parents through schools or employers, addressing the financial barriers that schools face in expanding their facilities and improving educational outcomes.
CNote is an investment platform that earns a better return while investing in the causes and communities that matters. CNote rewards great savers with alternative financial vehicles that earn more - safely and simply. Their first product, CNote Savings, helps good savers earn up to 2.5% annual return -- that's 35x more than a traditional savings account. The was founded in 2016 by two women with decades of experience working in finance, venture capital, and private equity. CNote is headquartered in Oakland, California.
Credit Hero is a platform for financial empowerment geared to the needs of working people.
Vault is a technology company that offers a comprehensive platform designed to alleviate the financial burden of student loan debt for employees. Founded in 2013 and based in Austin, Texas, Vault provides an intuitive web-based tool that allows employers to contribute to their employees' student loan repayments, enhancing employee retention and attraction. The platform simplifies various repayment scenarios and assists users in finding suitable repayment plans, ultimately empowering employees to manage their student debt while also saving for retirement. By fostering strong relationships between employers and employees, Vault aims to support financial freedom and improve overall workforce satisfaction.
MPOWER Financing is a Public Benefit Corporation based in Washington, D.C., that provides educational loans to international and DACA students studying in the United States and Canada. Founded in 2014, the company offers loans ranging from $2,001 to $50,000, which can be used for various student-related expenses, including tuition, housing, and books. Notably, MPOWER does not require a co-signer, collateral, or a U.S. credit history, utilizing a proprietary credit algorithm that assesses future potential instead. Loans are structured as 10-year fixed-rate agreements, with repayments beginning six months after graduation. The company also offers additional support services, such as interest discounts, personal finance education courses, credit-building resources, and job placement assistance. By partnering with universities, MPOWER identifies potential loan candidates and directly disburses funds to educational institutions for tuition and related expenses.
Crediyo Inc. operates a lending platform and payment solution focused on making healthcare more accessible and affordable. Established in 2014 and headquartered in New York, the company provides custom payment services that allow individuals to obtain necessary care while enabling healthcare providers to collect patient payments more efficiently. Crediyo designs flexible payment plans tailored to individual financial circumstances, allowing patients to make payments conveniently through web or mobile applications. This approach helps to alleviate the financial burden of medical expenses, facilitating better access to healthcare services for a wider range of individuals.
Atikus Investments Incorporated offers credit insurance on loans for micro, small, and medium sized enterprises. Through its product J.E.M. Guard, the company focuses on increasing the proportion of loans granted to women and underserved demographics. Additionally, it provides LoanSkout, which is a mobile loan origination and administration application and FINCH, which is its SMS-enabled outreach tool. The company was incorporated in 2013 and is based in New York, New York with a location in Kigali, Rwanda.
Crediyo Inc. operates a lending platform and payment solution focused on making healthcare more accessible and affordable. Established in 2014 and headquartered in New York, the company provides custom payment services that allow individuals to obtain necessary care while enabling healthcare providers to collect patient payments more efficiently. Crediyo designs flexible payment plans tailored to individual financial circumstances, allowing patients to make payments conveniently through web or mobile applications. This approach helps to alleviate the financial burden of medical expenses, facilitating better access to healthcare services for a wider range of individuals.
Yotepresto is a rapidly expanding marketplace lending platform based in Mexico that links individual and institutional investors with near-prime borrowers seeking personal loans. The platform specializes in providing unsecured personal installment loans and utilizes a proprietary scoring model to assess risk and establish interest rates for each borrower. By facilitating connections between borrowers and investors, Yotepresto enables clients to crowdfund their loans, streamlining the lending process and broadening access to financing options.