Creditú, a fintech democratizing housing finance for underserved families in Latin America, secured USD $6 million in Series A funding led by ALIVE Ventures to expand its impactful mortgage solutions across the region.

Information on the Target

Creditú is a fintech company dedicated to democratizing access to housing finance for low- and middle-income families across Latin America. Recently, it announced the successful completion of a USD $6 million Series A equity funding round, led by ALIVE Ventures, with participation from L4 Venture Builder. Since its founding in 2017, Creditú has emerged as a prominent non-bank mortgage originator in the region, addressing the critical issue of housing finance.

By utilizing advanced credit scoring, AI-driven underwriting, and innovative funding mechanisms, the company is able to process mortgage applications up to four times faster than conventional banks. To date, Creditú has originated and traded over USD $800 million in loans, benefiting more than 12,000 families across Chile, Brazil, and Peru. Notably, its downpayment loan product has significantly supported families who lack sufficient savings for initial housing costs, while simultaneously boosting real estate sales and facilitating further mortgage opportunities.

Industry Overview

The housing crisis in Latin America presents an urgent challenge, affecting nearly 59 million households—29% of the urban population—who face barriers to homeownership. Conventional banking practices often hinder access to mortgages,