Credijusto is a Mexico City-based, tech-enabled lender offering a multi-product platform focused on SME credit. Its product mix includes term loans, credit lines and planned expansion into equipment lease financing, with a credit card slated for launch later this year. The company says it has launched multiple financial products since its 2015 founding and has originated over USD $120m in term loans and leases. The transaction with Credit Suisse provides additional funding diversification and capacity to increase lending across Mexico. Credijusto is led by Co-CEOs David Poritz and Allan Apoj and currently employs about 300 people. Its stated mission is to expand credit access for small and medium-sized enterprises in Mexico. Credijusto offers asset-backed loans and equipment leases to SMEs using software design, data science and advanced decision-making and product structuring. Led by CEO David Poritz, the company has launched multiple financial products in four years of operation and has originated over $90 million in term loans and leases. Credijusto currently employs 200 people. The company intends to use new funding to expand growth and to launch new products, including digital advisory services and a credit card for SMEs. Less than five months before this round it closed a credit facility of up to $100 million with Goldman Sachs. Credijusto is a Mexico City–based digital lending platform focused on providing credit to small and medium-size businesses (SMEs). The company secured a $100 million credit facility from Goldman Sachs to expand its SME loan business across Mexico. Credijusto has originated approximately $70 million in credit since it was founded in 2015. In 2018 the firm raised a Series A led by Kazek Ventures and QED Investors. The company framed the opportunity by noting that SMEs make up 99 percent of Mexican businesses and 74 percent of employment while receiving only about 15 percent of loans. Co-CEO David Poritz said the facility is a significant milestone that will help transform how Mexican SMEs access capital.

Total raised

$242M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Mar 2020