Clear.co for LATAM. Revenue based financing for online sellers.
Company is active
Event Year: 2022
Company is active
Event Year: 2022
Creizer operates as a revenue-based financing platform tailored for online sellers in Latin America, mirroring the Clear.co model. The company addresses a significant gap in the LATAM market, where over 80% of SMEs face challenges accessing traditional loans, hindering their growth potential. These SMEs constitute 99% of the region's online seller landscape.
Creizer has developed a distinctive risk assessment model that prioritizes accessibility for online sellers. This model leverages store metrics and a percentage of daily sales collections, ensuring transparent and attainable requirements. The company reports a growth rate of 65% month-over-month, consistently experiencing high demand. Creizer's financing solutions empower customers to achieve substantial growth, with some experiencing up to a 7x increase within a year.
Creizer operates as a revenue-based financing platform tailored for online sellers in Latin America, mirroring the Clear.co model. The company addresses a significant gap in the LATAM market, where over 80% of SMEs face challenges accessing traditional loans, hindering their growth potential. These SMEs constitute 99% of the region's online seller landscape.
Creizer has developed a distinctive risk assessment model that prioritizes accessibility for online sellers. This model leverages store metrics and a percentage of daily sales collections, ensuring transparent and attainable requirements. The company reports a growth rate of 65% month-over-month, consistently experiencing high demand. Creizer's financing solutions empower customers to achieve substantial growth, with some experiencing up to a 7x increase within a year.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2022
Fintech
Fintech
Fintech -> Credit and Lending
Fintech -> Credit and Lending
Team size: 12
Hiring: No
Team size: 12
Hiring: No