Small businesses can only borrow at punishing interest rates
Fintech · Brazil · 👁 0 views
Expensive credit stops small firms from investing and growing.
Source: World Bank: SME finance
Proof it's real
Does this happen to you?
10 more first-hand stories and this problem counts as validated for founders.
Who's solving this
23 startups work on this worldwide
Only 2 in Brazil, 23 worldwide.
CreditasUnicorn
FintechConsumer credit in Brazil carried very high interest rates
Brazil
Zippi
FintechPayment Platform for LatAm Micro and Small Businesses
São Paulo · Brazil · Credit and Lending
Cashkumar
FintechA P2P Lending Platform connecting millions of financially under-served & new to credit borrowers with investment savvy lenders in India
Bengaluru · India · Consumer Internet
Human InterestUnicorn
HR & WorkThe 401(k) for small and medium-sized businesses.
San Francisco · United States · Human Resources
Pide Directo
LogisticsOne-stop-shop for restaurants to operate and grow their business.
Monterrey · Mexico · Supply Chain and Logistics
Elevtr Ventures venture studio
Want to build this?
Turn this problem into a company. Elevtr Ventures helps founders go from idea to product-market fit, scale and a Series A.
How would you solve it?
No suggestions yet. Be the first to propose a solution.