LatAm Fintech Senior Secured Term Notes Token

PC0000097


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$103,999,896

Last Trade
February 22, 2025

Last Trade
February 22, 2025
LatAm Fintech Senior Secured Term Notes logo

PC0000097 Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $150,000,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment $1,000,000 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Private Credit
Token Issuance Info N/A

Token Information

Price Per (PC0000097) $1 USD (0%)
Token Issuance Platform Tradable
Secondary Marketplace Tradable
Blockchains Available On ZKSync Era
Security Type Fixed Income
Asset Class Private Credit
Ratings -
Token Rights N/A

About

Overview

The Company is an online direct lender to near-prime borrowers offering short-term, small ticket loans to consumers in Mexico. The company operates under a model of responsible lending that enables financial inclusion by targeting creditworthy demographics that are currently underserved. The Company offers personal loans, buy now, pay later and earned-wage advance solutions providing USD $25 to $1,000 for terms of up to 200 days and can fund in as little as 15 minutes, compared to days or weeks with incumbent lenders. Similar to U.S. lenders, Affirm and LendUp, the Company employs data analytics and machine learning to calculate a proprietary credit risk profile on every borrower that goes far beyond traditional credit score – something that is still in its infancy in Mexico.



Highlights

Details

  • Total Deal Size: $150M
  • Target Net Returns: 11.13%
  • Term: 11 yrs 9 mos
  • Min Investment: $1M
  • Type: Debt
  • Rate Type: Floating
  • Maturity Date: Dec 16, 2027
  • Capital Call Type: Drawdown
  • Onchain Capital Call Type: Prefund
  • Day 1 Draw: $0

Rates

  • Cash Interest Rate: 11–14%

Fees

  • Management Fee: 0%
  • Performance Fee: 0%
  • Expense Fee: 0%
  • Origination Fee: 2%

Blockchain

Blockchain Contract Address Block Explorer
ZKSync Era 0x5aBe0a2ead1357F70E73F5b60E227dF64A54ddD5 Click here