Covalto

Mexico
Vaquería, Veracruz, Mexico, 11520

Company profile

Covalto company profile

Covalto (formerly known as Credijusto) was an early innovator in building the technology infrastructure to leverage digital tax, e-invoice and other financial data to underwrite and service SMEs at scale. The company has built a one-stop solution for SMEs by bringing together a multi-product credit offering, banking services and a full suite of business analytics tools. In 2021, Covalto became the first fintech in Mexico to acquire a regulated bank, supporting the expansion of its digital SME banking and services platform. The company was founded in 2015 and is based in Mexico City.

Business identity

Contact email
[email protected]
Phone number
01 800 269 0041
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$0-$1M
Founded
2015-01-01, Year

Headquarters

Postal code
11520
Country code
MX
Continent
North America

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
7
Total equity funding
$121.3M
Last funding
Debt Financing / $200M / 2022-10-17
Last equity funding
Series B / $104.4M
Investors
21
Lead investors
6
Founders
2
Articles
23

Founders and investors

Founders

Allan ApojDavid Poritz

Lead investors

Credit SuisseElevar EquityFIRAGoldman SachsKaszekPoint72 Ventures

Investors

Goldman SachsKaszekPoint72 VenturesQED InvestorsU.S. International Development Finance Corp