Tech Company Financing Transactions
Kredito Funding Round
On 12/20/2022, Kredito raised $11.5 million in financing from private investors.
Transaction Overview
Company Name
Announced On
12/20/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$11,500,000
Round
Undisclosed
Investors
private investors (Daniel Undurraga)
private investors (Oskar Hjertonsson)
Proceeds Purpose
Robles intends to use the new capital to expand into new countries and consolidate its growth in Chile. Exporting Kredito's product -- making sure what it does in Chile it can do in other countries -- will be key, he said. As such, the company will work first on its underwriting by accessing data in multiple countries and replicating its strategies.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Avenida José Délano Number 10,545 Office 513, 5th floor, Dis
Santiago, Undisclosed
Chile
Santiago, Undisclosed
Chile
Phone
Undisclosed
Website
Email Address
Overview
Developer of an AI-based fintech platform intended to democratize working capital for businesses. The company's platform leverages technology to develop various loan products at attractive rates and debit card products, providing small and medium businesses with working capital.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sebastian Robles
Chief Operating Officer
María Saieg
Chief Technical Officer
Lukas Burns
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