Eksentricity

• Funding Round: AltScore raised $8.5M in a Series A round led by Haymaker Ventures, with participation from various notable investors.
• B2B Credit Platform: AltScore enables B2B companies to become fintech lenders, offering digital lending products to underserved SMEs.
• Expansion Plans: The funds will be used to scale operations and development, improving credit access for small and medium-sized enterprises across Latin America.

Impact

1. Increased Credit Access: SMEs in Latin America gain easier access to credit, supporting their growth and financial sustainability.
2. Empowering Enterprises: Large companies like Coca-Cola can offer digital lending solutions to millions of their SME customers using AltScore’s platform.
3. Fintech Expansion: AltScore’s platform accelerates the adoption of fintech in Latin America, fostering economic inclusion and innovation.
4. Investor Confidence: The participation of high-profile investors demonstrates confidence in AltScore’s mission and potential for impact in the region.
5. Digital Transformation for SMEs: The funding supports the continued digitization of credit services, making lending more efficient and accessible for small businesses.

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