Prestadero (already listed)
MexicoFintechFounded 2012
Prestadero is a collective financing fintech authorized by Mexico's National Banking and Securities Commission (CNBV) that facilitates peer-to-peer lending. The platform connects individual investors, who earn annual returns between 10.9% and 30.9%, with borrowers who have good credit histories and access loans with clear terms starting at 10.9% interest. Investors transfer funds to their accounts and receive monthly repayments as borrowers pay back their loans, while borrowers receive their loan amounts directly into their bank accounts upon approval. The company has gained traction in the Mexican market, notably appearing at FinovateSpring 2013 and reporting on loan volumes through 2022.