About Covalto
Covalto is a company based in Miguel Hidalgo (Mexico) founded in 2015 by David Poritz and Allan Apoj Pascal. Covalto has completed 2 acquisitions, including Banco Finterra and Visor. Covalto offers products and services including Crédito Pyme, Inversión, Cuenta para Negocios, Crédito Refaccionario, and Arrendamiento.
- Headquarter Miguel Hidalgo, Mexico
- Founders David Poritz, Allan Apoj Pascal
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Banco Covalto S.A.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Latest Funding Round
$90.43 M (USD), Debt – Conventional
Oct 26, 2022
-
Investors
DFC
& 2 more
-
Employee Count
Not available
-
Investments & Acquisitions
Banco Finterra
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Covalto
Covalto offers a comprehensive portfolio of products and services, including Crédito Pyme, Inversión, Cuenta para Negocios, Crédito Refaccionario, and Arrendamiento.
Loans for small businesses to support operational growth.
Tools for growing money through various investment options.
Accounts designed for business financial management.
Credits for equipment or property refinancing needs.
Leasing options for assets like equipment.
Funding Insights of Covalto
Investors in Covalto
Covalto has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include DFC, FIRA and Elevar Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government agency supporting the development of SMEs
|
Locked | Locked | Locked | |
|
Investing in early growth for inclusive businesses in education, healthcare, and e-commerce.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Covalto
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Covalto
Covalto has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Banco Finterra and Visor.
Investment portfolio details for Covalto
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Credit products are aggregated for small and medium-sized businesses.
|
Locked | Locked | 2015 | Locked | |
|
Commercial banking services are provided in Mexico.
|
Locked | Locked | 2013 | Locked |
Complete acquisition details for Covalto
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Covalto
Detailed financials for Covalto
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Covalto Comparisons
Peer comparison for Covalto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Covalto
Detailed competitors of Covalto
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Covalto
Complete news archive for Covalto
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covalto
Covalto was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Covalto is headquartered in Miguel Hidalgo, Mexico. It is registered at Miguel Hidalgo, Ciudad De Mexico, Mexico.
David Poritz is the current CEO of Covalto. They have also founded this company.
Founded in 2015 in Miguel Hidalgo, Mexico, Covalto operates in the fintech sector, focusing on small and medium-sized enterprises. A range of digital banking solutions is offered, including multi-product credit options, core banking services, and business analytics tools. Additional support is provided through digital tax management, e-invoicing, and financial data underwriting to serve SMEs efficiently at scale.
Covalto offers Crédito Pyme, Inversión, Cuenta para Negocios, Crédito Refaccionario, and Arrendamiento.
Covalto has made 2 acquisitions, including Banco Finterra, and Visor.
Covalto has 3 investors. Key investors include DFC, FIRA, and Elevar Equity.