08.24.21
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Congratulations to Aplazo, Mexico's fastest growing Buy Now Pay Later FinTech on their $5.25M seed round raise.
Congratulations to Aplazo, Mexico’s fastest growing Buy Now Pay Later FinTech on their $5.25M seed round raise.
This record setting seed round will enable Aplazo to set themselves apart by working directly with merchants and retailers and offer personal installment payments as a check out experience.
Many FinTech in Latin America are focusing on extending credits or working on credit cards, Aplazo is focusing on taking care of the in store experience with a sleek mobile app.
Aplazo’s seed round is led by Kaszek Ventures with participation from Picus Capital and Woodson Capital.
Aplazo’s many unique approach to credit underwriting includes leveraging data from open banking technologies to detect the level of affordability when extending credit. This way, the credit invisible customers get a fair and equal access to the credit market to manage their day to day finances.
Congratulations to our friends at Aplazo on their exciting journey.
Team Alchemy.
