Belozfi
Belozfi is a Mexican digital lending platform that provides instant credit lines between $2,750 and $7,250 MXN with repayment terms of 91 to 147 days. Through its mobile app for iOS and Android, users can apply, track, and repay loans entirely online, with punctual payers rewarded with a 0% interest first period.
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Individuals and entrepreneurs in Mexico often lack immediate access to formal credit, facing bureaucratic delays and stringent requirements from traditional financial institutions. This limits their ability to cover urgent expenses or seize business opportunities in a timely manner.
Solution
Belozfi offers a fully digital platform that grants instant credit lines of $2,750 to $7,250 MXN, with repayment periods from 91 to 147 days. Through a mobile app available on both Android and iOS, users can apply, track their credit line, and make payments entirely online. The service emphasizes transparency with clearly stated APR and CAT rates, and rewards punctual payers with a 0% interest first period, encouraging a path to financial growth and favorable credit history.
Target Audience
Primary customers are individuals and entrepreneurs in Mexico who need fast, accessible credit and have the capacity to make weekly repayments.
Features
- Fully digital credit line application process with instant approval decisioning
- Loan amounts ranging from $2,750 to $7,250 MXN
- Flexible repayment terms from 91 days (13 weeks) to 147 days (21 weeks)
- 0% interest during the first period for on-time payers, allowing renewal and continued growth
- Mobile app for iOS and Android to manage applications, track payment status, and complete payments
- No study or early cancellation fees; only a potential opening commission as described in the contract
- Late payment fees capped at $50.00 MXN per day, clearly disclosed
- CAT Promedio with IVA of 2947% and maximum APR of 789%, including all annual costs, disclosed transparently