Konfio
“Can a Mexico-focused SME lender become the all-in-one financial operating system for the country's 98,000+ underserved small businesses?”
Founded2013
HQCiudad de México, Mexico
FoundersDavid Arana
Total raisedunknown
Latest roundDebt Financing
IndustryFintech / SMB banking
The story
Founded in 2013 as a pure online SME lender using proprietary data algorithms to underwrite creditworthy but bank-underserved Mexican businesses. Pivoted toward a broader financial services platform by acquiring Sr. Pago (payment terminals, POS) and launching the Konfio Tarjeta Empresarial, transforming from a single-product lender into a multi-product SMB financial OS. The embedded finance stack now combines credit, a business credit card with SPEI cash-out, payment links, and point-of-sale terminals — positioning Konfio as the primary financial services provider for Mexico's underserved SME segment.
Product timeline
2013
Konfio founded in Mexico City to provide online lending to underserved SMEs using proprietary creditworthiness algorithms.· lending
2019
Raised $100M Series D led by SoftBank Group, marking a major milestone in Mexico's fintech funding landscape.· banking
2021
Acquired Sr. Pago (Cobra Online) to expand into payment terminal and payment processing services for Mexican businesses.· acquisition
2023
Launched Konfio Tarjeta Empresarial (business credit card) with SPEI cash conversion and installment features for SMEs.· card
2024
Expanded to over 98,000 business customers across credit, card, and payment terminal product lines.· banking
Acquisitions
Regulated entities
1
regulatory licence held by Konfio
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in Konfio’s embedded-finance stack
Payments / PSP
Konfio Pagos (self-operated)
Lending
in the full report
Accounting gap: significant
3 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.