AltScore

AltScore, founded in 2021 and headquartered in Mexico, is a financial services and fintech startup that offers a Lending-as-a-Service toolbox. The company's slogan, "AltScore's Lending-as-a-Service toolbox allows any company in LATAM to embed and deploy credit products," emphasizes its focus on providing lending infrastructure APIs for lenders, retailers, and SaaS companies. AltScore's innovative approach enables companies offering credit to utilize their lending-as-a-service (LaaS) solution to provide capital to their own customers. Moreover, existing lenders have the opportunity to increase their loan origination rates by leveraging AltScore's LaaS APIs. The company recently secured a $3.50M Seed Round investment on 20 October 2022 from a group of prominent investors, including Lorimer Ventures, Techstars, BuenTrip Ventures, Far Out VC, Kamay Ventures, Unpopular Ventures, Compusoluciones Venture, Uri Tintore, Miguel Fernandez, Ivan Montoya. AltScore's ability to attract investment from such a diverse and reputable range of investors underscores its potential in the LATAM market.