Ecuadorian lending-as-a-service fintech Altscore raised a $8.5M Series A led by Haymaker Ventures. Kamay Ventures, BuenTrip Ventures, Caffeinated Capital, FarOut Ventures, Techstars, and others also participated in the round.
Altscore will use the funds to expand its operations and hire new people.
AltScore is a B2B embedded credit infrastructure platform that allows any company in Latin America to embed and deploy credit products. It offers underwriting, alternative data and scores, and other lending-as-a-service modules.
Founded in 2021, Altscore operates in over 8 countries, serving a variety of clients, including Coca-Cola. In 2022, Altscore raised a $3.5M seed round.
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