Konfío
“Can a data-driven SMB lender become the financial operating system for Mexican SMEs by stacking credit, cards, and acquiring on top of its underwriting engine?”
Founded2013
HQMexico City, Mexico
Latest round$125M capital raise led by Lightrock
IndustryFintech / SMB banking
The story
Konfío launched in 2013 as a data-first online lender to Mexican SMBs, using SAT tax data and credit-bureau signals to underwrite businesses underserved by traditional banks. After scaling working-capital lending (and powering PayPal's Working Capital program in Mexico in 2019), it expanded into an SMB financial OS — adding a Visa business credit card and, through the Sr. Pago acquisition, card-acceptance terminals and payment links under the Konfío Pagos brand. The strategy is now a multi-product SMB ecosystem (credit + card + acquiring) rather than a pure lender.
Last 12 months
—
Product timeline
0
Acquired Sr. Pago (Cobra Online) to launch Konfío Pagos — card-acceptance terminals and payment links· acquisition
0
Launched Konfío Visa business credit card with installments and SPEI cash conversion· card
2013
Founded as online SMB lending platform using alternative data for credit underwriting· lending
2019
Partnership with PayPal to power Working Capital loans for Mexican merchants· lending
2019
$100M debt from Goldman Sachs and $100M equity from SoftBank· funding
Regulated entities
1
regulatory licence held by Konfío
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Konfío’s embedded-finance stack
Payments / PSP
Konfío Pagos (self-operated)Sr. Pago (self-operated)
Card network
in the full report
Lending
in the full report
Accounting gap: minor
7 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.