DiiMO, a Salvadoran fintech for SME financing, raised a $1.2M Pre-Series A round in credit and equity led by Endless Ventures and HAguila Investments.
āThrough our fully digital app, we provide a trusted service to small businesses, entrepreneurs, and independent workers of whom many currently lack access to credit via the formal banking system in the region,ā explained Juan David HernĆ”ndez, CEO of Diimo.
With this capital, DiiMO plans to expand in Central America, extending access to financial services and credit lines to a greater number of SMEs.
Source: Latamfintech