- Kredi is transforming the mortgage industry in Latin America by providing a streamlined, transparent, and user-friendly platform for lenders and borrowers.
- The innovative platform simplifies the mortgage application process, reducing the time and effort required for approval and increasing accessibility to mortgage products for a wider audience.
- Founded by Hernán Belden, Kredi is driven by a vision to simplify and enhance the mortgage process for Latin American customers.
Inefficiencies and lack of transparency have plagued the mortgage industry in Latin America. The complicated web of paperwork makes it difficult for individuals and families to access affordable housing.
In an era where financial technology is transforming how we access and manage our finances, the need for innovative solutions that address these issues has never been pressing.
The rise of fintech has brought about unprecedented opportunities for disruption and transformation and the mortgage industry is no exception. Against this backdrop, Kredi arises as a beacon of hope for mortgage origination in Latin America.
Building a Legacy of Mortgage Origination
Kredi is a fintech company dedicated to transforming the traditional banking processes and mortgage origination landscape in Latin America.
With a tailor-made mortgage loan plan with a digital, flexible, and fast process, this Mexican company is ideal for refinancing mortgages.
Founded in 2020, by Javier Aldape and Fernando Nader Giacoman the company was conceived as a credit marketplace, built on the vision to change the way housing loans are granted in Mexico.
"Traditional processes have very strict policies, are very slow, difficult, stressful and have very shady rates, which makes the experience of acquiring a mortgage loan tedious and at the same time, unlikely to be successful. We [...] aim to change that. At Kredi we want all Mexicans to be able to buy a house and build their assets." Javier Aldape, CEO and Co-Founder of Kredi states.
The company is 100% digital in its unique approach to mortgage lending. With a structured, regulated, and supervised financial framework, Kredi ensures that client transactions are secure and compliant with industrial standards.
With top-notch technological advancements, it ensures that the features are accessible to anyone in the palm of their hands.
Inception, Initiations, and Incorporations
Kredi has been turning sails in the Latin American mortgage market since its inception.
The company has successfully streamlined the mortgage origination process, thereby significantly reducing the time and effort usually associated with the process of approval.
Customer satisfaction is off the charts with increased accessibility to mortgage products for a wider audience.
With a simple, single credit application submitted by the client through Kredi's platform, the advanced technology seamlessly connects with external resources to conduct the preliminary assessment.
Upon approval, Kredi leverages the network of banking partners to solicit and negotiate personalized mortgages, on behalf of the applicant and secure the best possible option available for the client.
Kredi has raised a total of $7.7M in funding over 3 rounds. Their latest funding was raised on Mar 1, 2022, from a Seed round.
Kredi is also funded by 13 investors including Amplo and Melek Capital.
Building on its current momentum, Kredi is set to accelerate its growth across Latin America, introducing the innovative mortgage origination platform to a wider audience.
“If there is something wrong with a credit history that is damaging the opportunity for a loan, most banks don’t like to share that. We want to give that information. We want to let people know if they have a debt so they can pay it off. Everyone should have access to a home, and if they need a mortgage, we want to help them do it.” Aldape adds.
By harnessing the power of cutting-edge technology and remaining dedicated to delivering exceptional customer experiences, Kredi is set to pioneer a new era in mortgage lending in the region, shaping the industry's future and redefining the way people access home financing.
Edited By Annette George
