Softbank: $ 125 million investment in AlphaCredit: Clip, Kavak, Konfío, etc

Softbank: $ 125 million investment in AlphaCredit: Clip, Kavak, Konfío, etc.

Mexico

February 10, 2020

Softbank: AlphaCredit

On January 26, SoftBank Group announced that it had invested $ 125 million.

AlphaCredit has a FinTech business in Mexico and Colombia.

AlphaCredit:

Currently, about 2,000 employees at 210 service locations in Mexico,

The company has approximately 950 employees at 25 service locations in Colombia.

Mexico: Softbank investment

Starting with the clip of May 2019,
October 2019 Kavak (see article October 28, 2019),
Konfío in December 2019 (See article on December 6, 2019)

This is the fourth case.

In the past, Confifio’s largest investment was $ 100 million, but Alpha Credit has outstripped it.

-JETRO

https://www.jetro.go.jp/biznews/2020/02/ff23db8f1a2f7261.html