Palenca
Software DevelopmentMexico City, Mexico11-50 Employees
Palenca is the 1st Income Bureau in LatAm. We make it easy for consumers to share employment information with financial institution through an API.
Strategic Investment Palenca recently secured a strategic investment from Experian Health, indicating strong confidence from leading financial data providers and opening opportunities for partnerships related to credit scoring and risk assessment.
Market Leadership As Latin America's first payroll API, Palenca positions itself uniquely in the market, enabling financial institutions to streamline employment verification processes and enhance service offerings.
Financial Inclusion Focus The company’s partnership with Falabella Group to promote financial inclusion in Mexico suggests potential for onboarding more financial services firms seeking to expand access to credit through reliable employment data.
Growth Potential With recent funding and recognition, Palenca is poised for growth, making it an appealing partner for organizations looking to integrate employment verification solutions and improve loan decision accuracy.
Technology Foundations Using cloud-based infrastructure and modern development tools, Palenca offers scalable, secure, and efficient API solutions that can easily be integrated into diverse financial applications, presenting numerous sales prospects for tech-savvy clients.
Palenca uses 8 technology products and services including jQuery CDN, Cloudflare CDN, Font Awesome, and more. Explore Palenca's tech stack below.
| Palenca Email Formats | Percentage |
| First@palenca.com | 50% |
| First@palenca.com | 50% |
Software DevelopmentMexico City, Mexico11-50 Employees
Palenca is the 1st Income Bureau in LatAm. We make it easy for consumers to share employment information with financial institution through an API.
Palenca's revenue is estimated to be in the range of $1M
Palenca's revenue is estimated to be in the range of $1M