Finics is a Mexican fintech company offering instant medical loans so patients can pay for scheduled healthcare procedures in affordable monthly installments—up to 12 months—without collateral or complicated paperwork. Its digital application takes less than five minutes to complete, and the company absorbs payment risk, depositing the full amount to affiliated clinics within two days of the procedure.
- Financial Technology
- Healthcare Technology
- Software Only
Funding
Funding not disclosed
Founders
Product
Problem
Millions of Mexicans lack health insurance and must pay for medical treatments out of pocket, forcing them to delay or forgo necessary care. High upfront costs for procedures across dental, ophthalmology, gynecology, and other specialties create a significant barrier to accessing quality healthcare.
Solution
Finics provides instant medical financing directly to patients, allowing them to pay for scheduled procedures in manageable monthly installments without requiring collateral or extensive paperwork. The digital application process takes less than five minutes, and once approved, Finics pays the full treatment cost to the affiliated clinic within two days. Patients choose flexible payment plans tailored to their budget, with a fixed commission rate of 7.5% for a three-month term deep-link, and repay in automatic monthly charges to their linked bank card. This model empowers clinics to say yes to more patients, as Finics absorbs the payment risk and handles all collections.
Target Audience
Primary customers are uninsured or underinsured individuals in Mexico who need financial support for scheduled medical procedures, alongside the clinics and specialists seeking to increase patient access and grow their practice.
Features
- Instant digital loan approval for medical procedures with no collateral or complex requirements, taking under five minutes to complete
- Applicable to a wide range of scheduled non-urgent treatments, including dental, ophthalmology, gynecology/maternity, aesthetic medicine, and veterinary care
- Flexible installment plans of up to 12 months, with a transparent fixed commission of 7.5% for a three-month deferral term
- Direct payment to affiliated clinics within two days of the procedure, with Finics absorbing the patient’s payment risk
- Simple clinic integration that takes less than two hours, requiring no complex software or hardware, and free for medical providers
- Automatic monthly payments charged to the patient’s associated debit or credit card, with only official ID and income proof required for approval