Baubap
Mexicofintech
Baubap is a Mexican digital lending fintech that provides micro-loans to underbanked individuals, addressing financial inclusion by offering quick, accessible credit through a mobile platform. Founded in 2018 by Roberto Salcedo and Luis Villarreal, the company operates primarily in Mexico, targeting customers who lack access to traditional banking services. Baubap has secured significant debt financing, including a $23 million credit facility from BBVA Spark and SixPoint Capital, and a separate $120 million debt raise, indicating strong investor confidence and scaling traction.
6 funding rounds tracked. Follow the profile to review the shared record and its sources.
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Key people
- Roberto Salcedo Co-founder
- Luis Villarreal Co-founder