KredFeed
KredFeed is building a financial services platform to fill the financing gap for small and medium sized manufacturing businesses doing business between Mexico and the United States. These businesses typically exist in supply chain tiers with limited or no access to financial services like accounts receivables and invoice financing, and related services.
KredFeed has built a platform that gathers invoice data directly from regulatory sources in Mexico to inform decisions about accounts receivable financing for its customers, with decisions in less than 24 hours and no more than a week in rare cases. Banks require 2 months or more to decide and require significant personal guarantees from business owners.
As geopolitical tensions accelerate nearshoring, a platform such as the one KredFeed is building will become more necessary to facilitate trade between the United States and Mexico, and perhaps between other trading partners within the western hemisphere.
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