| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | Mexico |
| Sector | Fintech |
| Total raised | $475M (IFC, Goldman Sachs, 2013–2022) |
| Collapse type | Slow Death |
| Founder | David Arana |
Konfío
"The Mexican SME lending unicorn backed by Goldman Sachs reached $1.3B and then credit losses crushed it"
Years-long decline before final shutdown
Key Events Timeline
Konfío was a Mexico City-based digital lending platform providing credit to small and medium enterprises in Mexico through data-driven underwriting that used alternative data sources (tax records, invoicing history) to assess creditworthiness of businesses without formal credit history.
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