ConCredito

Culiacan, Mexico Founded: 2007 • Age: 19 yrs Acquired By Gentera
Working capital loans are provided to businesses in Mexico.

About ConCredito

ConCredito is a company based in Culiacan (Mexico) founded in 2007 by Eduardo Blanco Montano was acquired by Gentera in June 2017.. ConCredito offers products and services including Loan Service and Online Store.

  • Headquarter Culiacan, Mexico
  • Founders Eduardo Blanco Montano
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fincrementar S.A. De C.V.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Gentera

    (Jun 01, 2017)

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Products & Services of ConCredito

ConCredito offers a comprehensive portfolio of products and services, including Loan Service and Online Store. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App-based platform for providing personal loans without upfront costs.

Tool for selling products via catalog and earning bonuses.

Funding Insights of ConCredito

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in ConCredito

ConCredito has secured backing from 1 investor. Prominent investors backing the company include Gentera. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Microcredit is extended to individuals and businesses in Mexico.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ConCredito

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ConCredito

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Concredito Comparisons

Employees
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Competitors of ConCredito

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Concredito

Frequently Asked Questions about ConCredito

When was ConCredito founded?

ConCredito was founded in 2007.

Where is ConCredito located?

ConCredito is headquartered in Culiacan, Mexico. It is registered at Culiacan, Sinaloa, Mexico.

What does ConCredito do?

ConCredito was established in 2007 and is headquartered in Culiacan, Mexico. Operations focus on the financial services sector, where working capital loans are extended to support business liquidity needs. Services are tailored for small and medium enterprises seeking short-term financing solutions. The company maintains a presence in the Mexican market, with activities centered on credit provision through its online domain. A co-founder, Eduardo Blanco Montano, contributes to its leadership.

What products or services does ConCredito offer?

ConCredito offers Loan Service and Online Store.

Who are ConCredito's investors?

ConCredito has 1 investor. Key investors include Gentera.

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