Fundary is a crowdfunding and crowdlending platform that connects small and medium enterprises (SMEs) in Mexico with individual investors seeking to finance their growth. The platform offers quick online credit approvals and investment opportunities starting from 250 MXN, enabling SMEs to access up to 10 million pesos without requiring collateral.
Funding
$700K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) in Mexico often face challenges in accessing capital due to stringent requirements from traditional lenders. This lack of access can hinder their growth and expansion opportunities. Individual investors also lack accessible platforms to invest directly in promising SMEs.
Solution
Fundary is a crowdfunding and crowdlending platform that directly connects Mexican SMEs seeking financing with individual investors. The platform provides SMEs with access to loans up to 10 million pesos without requiring collateral, offering a streamlined online application and quick pre-approval process. Investors can participate with investments starting from 250 MXN, earning returns through interest payments on the loans they fund. Fundary operates as a regulated Institución de Financiamiento Colectivo in Mexico, providing a compliant framework for both borrowers and lenders.
Target Audience
The primary target audience includes small and medium-sized enterprises in Mexico seeking alternative financing options and individual investors looking for opportunities to invest in SMEs.
Features
- Online platform connecting SMEs seeking loans with individual investors.
- Loan amounts up to 10 million pesos available for SMEs.
- Investment opportunities starting from 250 MXN for individual investors.
- Pre-approval for loans within 5 minutes.
- Interest rates starting from 12.18% for SME loans.
- Returns of up to 24% for investors, depending on the investment level and loan term.
- CNBV, SHCP, and BANXICO approval to operate as an Institución de Financiamiento Colectivo.