Mimoni Email Format
Financial ServicesMexico City, Mexico11-50 Employees
Mimoni is a financial services platform based in Mexico City that provides instant, small-amount loans for short terms through an online product. Since its online launch in August 2013, the company has grown to become the largest short-term loan platform in Latin America. It employs a scalable, technology-driven approach to credit risk that can determine risk quickly for about 60% of the region’s population who have stable income but limited access to consumer credit, often without collateral. Its target customers are the unbanked or underbanked individuals who typically rely on pawn shops or informal lenders for credit. By delivering rapid access to small loans, Mimoni addresses a liquidity need that is not well served by traditional lenders and has supported tens of thousands of unbanked consumers. The company is based in Mexico City and operates with a relatively small to mid-sized team within the Latin American financial services landscape.