Finnu

Mexicofintech

Finnu is a Mexican fintech startup that provides personal loans using mobile phones as collateral, allowing borrowers to keep their phones during the loan period. The company addresses the lack of access to personal credit in Mexico and Latin America by offering a creative collateral-based lending solution. Finnu raised a pre-seed investment of US$800,000 (€700,000) from Speedinvest and Kima Ventures to launch its services. The startup targets underserved individuals in Mexican and Latin American markets who lack traditional credit histories.

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