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Zenfi raises $8.5m in growth funding

Mexico based credit tracking and lending company raised $8.5m in growth funding led by Magma Partners.

“Achieving basic financial health in Mexico for around 50 to 60 million people is really hard,” he told TechCrunch. “Two out of three Mexicans have a subprime credit score with basically no tools to improve.”

Tags

latam, em, credit, consumer