Selected 2004

Kubo Financiero

  • Country Mexico
  • Lead Investors Bamboo Finance, Alta Ventures
  • Industry Financial Services
  • Investment Date July 2016

Description

Kubo Financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. A pioneering company in Mexico’s microfinance sector, Kubo is building online financial communities that link creditworthy borrowers with savvy investors through a peer-to-peer (P2P) lending business model. In July 2015, the Mexico City-based company became the first regulated peer-to-peer (P2P) lending platform in the country when it received authorization from The National Banking Commission of Mexico (CNBV).

Fun Fact

Kubo’s CEO, Vincente Fenoll, is a veteran of this industry in Mexico, having previously built the micro-finance institution, Fincomun, before starting Kubo in 2012. He was originally selected as an Endeavor Entrepreneur at ISP 13 in April 2004 in Mexico.

News related to Kubo Financiero

Entrepreneurs

Endeavor Mexico company and microfinance institution Kubo Financiero recently partnered with US non-profit KIVA, which has distributed over

Entrepreneurs

Mexico’s kubo.financiero recently raised nearly $1.7 million in an investment round led by venture firms Alta Ventures Mexico and

Entrepreneurs

The Mexico City-based kubo.financiero, founded by Endeavor Entrepreneur Vicente Fenoll, recently received authorization from The National Banking Commission

Entrepreneurs

The Mexico City-based kubo.financiero, founded by Endeavor Entrepreneur Vicente Fenoll, announced a US$7.5M Series A investment led by Luxemburg-based

Stay up to date on our entrepreneurs, events, research and more.