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Creze is a Latin American start up, founded in 2015, offering loans online to small and mid size businesses in Mexico.
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Creze announces US$12 million investment to boost lending platform
Contxto – Fintech Creze announced it recently closed MXN$265 million (~US$12 million) with unnamed Mexican investors. The funds will serve to update its lending platform as well as “whatever comes next.” I’m somewhat paraphrasing but they did say that: “We’re proud to announce this investment which will allow us to better face any eventuality that’s […]
Mountain Nazca has left the building, sells stake in Kavak to SoftBank
Contxto – Mexico-based venture capital (VC) firm, Mountain Nazca, announced its exit from used car marketplace, Kavak. Yesterday (28), the VC stated in a press release that its stake in the startup was bought by SoftBank. Moreover, sources report that General Atlantic also bought some of the Mexican VC’s shares. Back in 2016, Mountain Nazca […]
Fintech Pago Fácil to enter Peru with US$350,000 to help SMEs
Contxto – Fintech Pago Fácil had been eying the Peruvian market since mid-2019. However, the startup recently revealed it’s tagged US$350,000 to kick-start operations there for its first year. The dough for this budget came from the startup’s own operations in its native Chile, as well as from an investment it raised for US$500,000 with […]
The Ultimate Guide to Venture Capital in Mexico [Updated 2020]
Contxto – There is another, less explored, facet of the startup equation. Indeed, no idea gets far without the money to do the walking. This is where venture capitalists (VCs) come in. And as one would expect, Venture Capital in Mexico and the rest of Latin America is no exception. Oft the mighty presences behind […]
Polygon Fintech acquires Creze to support more Mexican SMEs
Contxto – DILA Capital and Mountain Nazca announced on May 10 that Polygon Fintech will acquire Creze for an undisclosed amount to better serve SMEs. Creze is a Mexico City-based loan platform using specialized technology to help SMEs grow and improve capital management. In Summary While Creze provides quick and efficient unsecured online loans to […]