IDB Invest provided US$40m in debt financing to AlphaCredit, a Mexican lending platform for individuals and SMEs in Mexico and Colombia. SoftBank led a US$125m Series B in 2020. (IDB…
Tag
AlphaCredit
-
-
The following resource was shared with LAVCA by SoftBank based on a communication they sent to their investors, partners, and founders. The statement discusses the “Alibaba effect” in Latin America,…
-
SoftBank Leads a US$125m Series B in AlphaCredit
January 27, 2020SoftBank led a US$125m Series B in AlphaCredit, a Mexican lender to individuals and SMBs in Mexico and Colombia. This is the company’s first disclosed financing. AlphaCredit has disbursed over…