Creizer (Founding)
Funding Details
- Awarder
- YCombinator
- Date Award
- February 22, 2022
- Vertical
- Fintech,Credit and Lending
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2022
- Company Description
- Creizer is Clearbanc (Clear.co) for LATAM. We provide revenue-based financing to online sellers. More than 80% of SMEs can’t have access to loans in LATAM, thus limiting their growth. They represent 99% of online sellers in the region. At Creizer we built a unique risk model in which the requirements for these online sellers are 100% accessible since the scoring is based on the store’s metrics and collections on a percentage of their daily sales. We are growing 65% MoM and experiencing overdemand every month. Helping our customers to grow up to 7x in less than a year.
- Market
- Fintech
- Location
- Mexico City, CDMX, Mexico
- Coinvestors
- YCombinator