Kueski is the leading online lending fintech in Mexico, with >800k clients.

Sector

Fintech

Country

Mexico

Status

Active

Kueski engages in the online lending business in Mexico. The company currently operates two main business lines: (i) Kueski Cash, a digital platform that offers unsecured, single payment loans to individuals, placed 100% digitally, and (ii) Kueski Pay, Mexico’s leading Buy Now Pay Later platform.

Why we invested

Glisco realized that Kueski had the opportunity to improve financial inclusion in Mexico. The increasing smartphone penetration eased access to the large unbanked and underbanked population in the country, who needed better financial solutions. Kueski’s disruptive, asset-light business model had allowed it to serve over 800k clients without the need of any branches. In addition, its founder and management team, with backgrounds from diverse industries, were well positioned to pioneer and lead the fintech industry in Mexico.

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