Mexican fintech Ziff acquires Arrenda

shaking hands

Ziff, a Mexican fintech specializing in B2B financial services in Latin America, acquired digital lending company Arrenda.

Ziff provides revenue-based financing tailored to businesses with recurring revenues, especially for those without a credit history. Ziff’s model provides liquidity by funding up to 36 months of receivables. 

Arrenda’s product, Adelanta, employs proprietary risk algorithms that allow landlords to advance up to 12 months of rent. 

By integrating Arrenda’s technology, Ziff aims to expand its presence in Mexico by introducing a revenue-based mode that enables landlords to convert future rental payments into cash within 24 hours.

Read more on Contxto

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