Accial Capital Management has invested USD 30 million in debt financing for Credifom, a payroll loan company serving public sector workers in Mexico.
Target Information
Credifom is a prominent payroll loan company located in Mexico, specializing in providing financial solutions to public sector workers. With a commitment to delivering accessible financing options, Credifom has established itself as a key player in the Mexican financial services sector.
The firm aims to assist public sector employees in managing their financial needs effectively, often offering loans that can be repaid directly from payroll deductions. This model not only reduces credit risks but also provides a reliable source of funding for frontline public service workers.
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Industry Overview in Mexico
The financial technology sector in Mexico has experienced significant growth in recent years, bolstered by increasing demand for alternative lending solutions. With a population exceedi
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Accial Capital Management
invested in
Credifom
in
in a Venture Debt deal
Disclosed details
Transaction Size: $30M