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HomeTechKredito banks $6M as the LatAm business lender eyes international expansion

Balanced News: Kredito banks $6M as the LatAm business lender eyes international expansion

Our 'quick read' news summary

Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding. The company launched to the public in 2021 and partners with financial institutions to help small businesses with their spend management, access digital unsecured loans, open a bank account and obtain a business credit card. When we profiled Kredito last year, Sebastian Robles, co-founder and CEO, told TechCrunch that business credit didn’t automatically come with an account, leaving business owners to use personal credit cards.

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