Last deal

Amount

Non-equity Assistance

Stage

05.09.2022

Date

9

all rounds

$38.8M

Total amount

General

About Company
Kubo.financiero is a digital regulated finance company in Mexico offering savings accounts, personal loans and term deposits.

Industry

Sector :

Subsector :

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Also Known As

Kubo

founded date

25.07.2012

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

The company's innovative and customer-centered approach aims to encourage a "multiplier effect" to generate and strengthen Mexico's emerging middle class through financial services. Kubo's lean model ensures lower interest rates for borrowers and higher return rates for depositors and investors. With official regulation and authorization from the National Banking and Securities Commission and the National Commission for the Protection and Defense of Users of Financial Services, Kubo.financiero has promoted the wellness of more than 26,000 people in Mexico through over 48,000 loans and more than 12,000 investors. The company's intelligent digital transaction system is transparent and without bureaucracy, making finances more friendly, easy, fair, and secure for everyone.