AltScore Raises $8.5M in Series A Funding to Empower SME Lending Across Latin America
AltScore, a leading provider of AI-driven B2B Credit Infrastructure, announces a successful Series A funding round of $8.5 million, led by Haymaker Ventures. The funding will fuel AltScore's mission to provide fair and timely credit access to small and medium-sized enterprises (SMEs) in Latin America. The company's innovative platform enables B2B companies to become fintech lenders, empowering them to offer fully digital lending products to their SME customers.
Lending as a Service (LaaS): Transforming the Future of the Economy in LATAM
Lending-as-a-Service allows fintechs like AltScore to directly connect businesses with credit applicants. This model eliminates banking intermediaries and brings transparency to the process, surpassing the traditional credit model.
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