Current Portfolio

  • Graviti

    Provides affordable financing for household/utility products such as solar water heaters, washing machines/dryers, and refrigerators for low-income households in Mexico. The company works with distributors to handle installation and maintenance. Graviti minimizes default risk by requiring distributors to install IoT control meters that can remotely switch off the product in the case of delinquencies.

  • Yave (formerly smartlending)

    First fintech mortgage and home equity provider in Mexico. The company has a digital loan portal where customers can compare and select product options, fill out a mortgage/home equity loan application in a few minutes, and see their approval the same day. Yave hopes to eventually create a loan marketplace for investors to have greater access to mortgage assets in LatAm and also give consumers more optionality.  

  • Pagaloop

    Pagaloop is a payments company that allows SMBs in LatAm to pay for working capital needs with a personal credit card. Thereby, enabling small businesses/individuals  to finances expenses like rent, payroll, taxes, and inventory with the credit lines that they already have access to through their credit card providers. Pagaloop is able to do this by transferring the credit card fees to the payer instead of the merchant and removing any fraud or credit risk from the merchant.

  • Leasy

    Leasy offers affordable car financing for ride hailing drivers in LatAm. Drivers can use Leasy as a pathway to owning their own vehicles after 3-4 years of monthly payments. The company has a partnership with Uber that enables them to acquire drivers and access upfront data that can be used to determine creditworthiness. They can remotely and safely shut off the engine in case of delinquency. Currently, Leasy has 150+ cars on the road and thousands of drivers on the waiting list. They are based in Peru but are expanding to Mexico and are looking towards other countries in the near future.

  • Leal

    Leal is a rewards platform that enables retailers, restaurants, brands, and e-commerce players to better engage with, understand, and monetize their customers while enabling consumers to save on everyday purchases. Leal’s core product is a B2B SaaS rewards/CRM platform that is integrated with the POS of brick-and-mortar stores. In conjunction, they have a consumer-facing app for users to aggregate and redeem their rewards. Recently, Leal launched Leal Coins that can be used like credit card points for savings in a large variety of stores and online venues. Their goal is to offer financial services to their millions of users and create a closed-loop savings and payments ecosystem. The company is active in Colombia, Central America, and Mexico.

  • castia logo

    Castia

    Castia is a Colombian proptech that enables homeowners to relocate to a new property in a quick and easy manner. They lend the client the down payment for their new home, facilitate the underwriting of new mortgage with the bank, list the old home on the market, and guarantee selling or buying it within 180 days. The company witnessed rapid growth in Colombia since its founding in February 2021 and started operations in the Mexican market in early 2022. Castia estimates that there are currently up to 1 million homeowners looking to switch homes in Colombia and Mexico, representing a significant opportunity for the company to help clients overcome the prohibitive barriers associated with a house move.