AWS Startups Blog

Tag: FinTech

Online-lending Platform Konfío Helps LATAM SMEs Get Funding

As some economies develop, small businesses that also develop and grow can sometimes be left out in the rain when searching for capital. Banks frequently look for collateral to be posted with loans, which can be difficult for smaller companies. This gap in offering is exactly where many startups are flourishing via assessing companies credit statuses through atypical methods or data, and providing financing to the previously underserved. Konfío, a fintech startup founded in 2013, does just that for micro-businesses throughout Latin America.

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