Peruvian fintech Prestamype raised $5M in a Pre-Series A round led by ALIVE Ventures and Oikocredit. Other participants include Salkantay Ventures, Inca Ventures, AVP Ventures, and angel investors.
Their goal is to solidify Prestamype’s leadership in the micro and small enterprises segment and drive innovation in the financial landscape for this group.
Prestamype, the largest digital lending platform for micro and small enterprises in Peru, addresses the financing challenges faced by underserved businesses. Through technology, the company offers accessible and competitive financing solutions compared to traditional banking options.
Currently serving over 4,000 clients, Prestamype has disbursed $43 million to entrepreneurs in the first half of this year alone. The company aims to surpass $110 million in disbursements by the end of 2023.
