Company Details
YoFio
Avenida Santa Fe 505 Cruz Manca, Cuajimalpa de Morelos, Mexico City, Distrito Federal, 05348, Mexico
Overview
YoFio is a fintech platform created to unlock technology-driven financing for underserved and underbanked micro businesses in Mexico. Its technology and a wide wholesaler partnership network enable an easier, faster, more competitive and more flexible offering for clients. The company has disbursed US$8 million in digital loans. YoFio states it aims to grow its portfolio to US$5 million this year. The platform is positioned to help close the financial inclusion gap for micro-enterprises in Mexico. Recent financing (equity and debt) is intended to support its growth and operations as it scales.
- Total raised
- $10M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- Feb 2024
Industries
- Apps
- Credit
- Financial Services
Recent funding
Seed
Feb 2024
$10M