Kredi
Kredi, based in Monterrey, Mexico, is a fintech company specializing in digital mortgage lending, offering personalized loan services with terms up to 30 years.
Company Overview
Kredi is a fintech company based in Monterrey, N.L., Mexico, specializing in credit and lending services, particularly focused on mortgage loans. The company is a part of the Y-Combinator W21 batch and operates in regions including Mexico, Latin America, and remote areas. With a team of 40, Kredi aims to simplify and expedite the mortgage loan process through digital solutions.
Services
Kredi offers a range of services aimed at facilitating home acquisition and mortgage improvement. Their service portfolio includes mortgage loans with terms up to 30 years, a fully digital application process, and personalized loan offers supported by specialized executives. Customers can also simulate their credit online, making the loan process transparent and flexible.
Innovative Mortgage Solutions
Kredi stands out in the fintech industry for its innovative approach to mortgage lending. They provide a digital, flexible, and fast mortgage loan process that can be completed entirely online. This approach has garnered attention from various media outlets, highlighting the company’s role in transforming traditional lending methods.
Impact
Since its inception, Kredi has facilitated over 700 families in achieving their dream of owning a home. They have processed over 1,500 million pesos in loans, showcasing the trust and reliability they have built within the community. Through its personalized and efficient services, Kredi continues to make a significant impact in the Latin American mortgage market.
Funding and Expansion
Kredi raised $3.1 million in seed funding to expand its services across Latin America. This funding will enable the company to reach more customers and enhance its digital mortgage solutions. The investment underscores the confidence investors have in Kredi’s ability to innovate and grow in the competitive fintech landscape.