Crediko, a Mexican fintech specializing in educational loans for primary through secondary education, raised $2.5M in a seed round led by Grupo Graven and other undisclosed investors.
Crediko will use the funds to transform its business model for the upcoming year, with a focus on enhancing its algorithm, attracting new talent, and improving its product.
Founded in March 2024, Crediko offers educational loans for families, financing the entire school year with a digital, quick-approval process. Their “All Inclusive” subscription covers tuition, books, and school materials at lower interest rates than traditional credit cards.
Crediko has positioned itself as an alternative to high-interest loans in Mexico. The fintech plans to expand its solution across Latin America in the near future.
For more information, visit Latam Fintech Hub.
