Cordada
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Financial solutions for lenders and fintechs
01_
The company
5 years
funding SME lenders
USD +3 bn
deployed capital
+100
partnerships with lenders & fintechs
+10 k
SMEs impacted on
02_
Our purpose
Thousands of SMEs in Latin America rely on the ecosystem of fintechs and local lenders to fuel their growth. Cordada was born to support the ecosystem, and empower them to provide high-quality, scalable financing to their clients.
A_We have a solid financial position, a specialized team and state-of-the-art technology that allows us to comprehensively solve our clients financial challenges.
B_We work to enable any SME lender, regardless of their size, to offer quality financing to their SME customers.
03_
History
Cordada was founded by 3 executives with long careers in private debt, SME lending, technology development, and by Frontal Trust, a leading alternative assets manager.
2019
- Incorporates and raises USD 27 mn
- Takes over a large SME (Chile) lending investment fund
- Acquires proprietary tech for SME lending
- USD 40 mn portfolio
- 0% default
2020
- Funding from banks and institutional investors
- Capital increase of USD 8 mn for regional expansion
- USD 73 mn portfolio
- 0% default
2021
- Begin operations in Peru
- New Latin America SME lending investment fund
- USD 117 mn portfolio
- 0% default
2022
- Start of operations in Mexico
- Accumulated financing of USD 2,000 MM
- IDB financing for Latam operations
2023
- Origination of SME loans
- Development of origination mandates with financial partners
- Implementation of Thought Machine
04_
Team
Our team has strong knowledge and experience in private debt, SME lending and technology development, with passion for building excellent solutions with regional impact.
Board of Directors
