Creamfinance expands in Latin America launching in Mexico

Creamfinance, the leading European consumer financial services provider, on Monday (10th of October) has officially expanded its footprint in Latin America, launching in Mexico. It is the first company’s launch in a different continent.

According to Matiss Ansviesulis, Co-Founder and CEO of Creamfinance, expansion in a different continent brings new opportunities. “Our launch in Mexico marks a significant milestone for the company as we enter into one of the largest, fastest-growing and most promising markets”, he explained. “We are eager to learn the specifics of the market and are ready to provide speedy & reliable service to the best of our ability”.

“Mexico is obviously a very different country from the ones Creamfinance was operating before and it is a great experience to be the vital part of inter-continental expansion”, said Francisco De Vega, Managing Director of Creamfinance Mexico.

“Mexico is a vast consumer market with lots of potential for significant business impact. It is apparent that the need for speedy and reliable personal finance services is there, and we hope to fill the niche by providing Smart-data powered service. Creamfinance has already proven its success internationally, and now we’re building on it by expanding our reach”.

The new Creamfinance office will be located in Mexico City, Mexico.

Consumer finance services provider Creamfinance was founded in 2012 in Latvia and has achieved consistent growth since. The company is currently operating in seven countries.

Utilizing advanced algorithms and machine-learning capabilities to quickly evaluate and score, Creamfinance offers a highly customized approach to the personal loan process in a speedy and reliable manner and aims to become a one-click loans provider to consumers globally.

National platforms are operated by an international team, consisting of over 200 employees from 14 countries, working to improve services across operating markets.

In 2014 the data-driven consumer lending company raised 5 million euros from the leading international venture capital fund, Flint Capital, which invests across US, Israel and Europe.

The company has recently been ranked as the second fastest-growing company in Europe by the prestigious Inc.5000 Europe ranking.