Tangelo

Miguel Hidalgo, Mexico Founded: 2022 • Age: 4 yrs
AI-based lending and credit scoring solutions are provided for banks.

About Tangelo

Tangelo is a company based in Miguel Hidalgo (Mexico) founded in 2022. It operates as a FinTech, and Lending as a Service. Tangelo offers products and services including Credit Scoring as a Service, Modular Solutions, White Label Credit Products, Personal Loans, and SME Credit Solutions. Tangelo operates in a competitive market with competitors including Cloud Lending, Linedata, Bankish, Aqaix and Circeo, among others.

  • Headquarter Miguel Hidalgo, Mexico
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $149.7 M (USD), Debt – Conventional

    Apr 06, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Tangelo

Tangelo offers a comprehensive portfolio of products and services, including Credit Scoring as a Service, Modular Solutions, White Label Credit Products, Personal Loans, and SME Credit Solutions. 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

AI-driven scores are provided to maximize approval rates.

Credit products are optimized using expertise in automation.

End-to-end credit solutions are offered for faster market entry.

Digital credit lines are provided for liquidity management.

Tailor-made credit lines are offered for small businesses.

Funding Insights of Tangelo

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $149.7M
  • First Round

    (06 Apr 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Debt – Conventional - Tangelo Valuation

investors

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

Investors in Tangelo

Tangelo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HSBC. 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
Institutional
Investor Description Founded Year Domain Location
Universal banking and financial advisory services are provided globally.
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 Tangelo

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 - Tangelo

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

Tangelo Comparisons

Employees
+
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Competitors of Tangelo

Tangelo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cloud Lending, Linedata, Bankish, Aqaix and Circeo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tangelo

Frequently Asked Questions about Tangelo

When was Tangelo founded?

Tangelo was founded in 2022.

Where is Tangelo located?

Tangelo is headquartered in Miguel Hidalgo, Mexico. It is registered at Miguel Hidalgo, Ciudad De Mexico, Mexico.

Who is the current CEO of Tangelo?

Alejandro Monzo is the current CEO of Tangelo.

What does Tangelo do?

Tangelo is established as a technology company focused on alternative credit solutions. Operations are centered on developing and managing tailor-made credit products for underserved consumers and SMEs. Partnerships with corporations and strategic investors are leveraged to design, build, and scale digital credit offerings. Cutting-edge technology, risk analytics, and operational expertise are utilized to cater to diverse needs in the financial sector. Solutions span consumer credit, SME lending, and digital lending services, ensuring comprehensive support across the credit lifecycle.

Who are the top competitors of Tangelo?

Tangelo's top competitors include Cloud Lending, Linedata and Bankish.

What products or services does Tangelo offer?

Tangelo offers Credit Scoring as a Service, Modular Solutions, White Label Credit Products, Personal Loans, and SME Credit Solutions.

Who are Tangelo's investors?

Tangelo has 1 investor. Key investors include HSBC.

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