Progreso Financiero aims to be the partner of choice to the 23 million underbanked Hispanics in the United States who need access to responsible and empowering financial products and services. Unlike mainstream institutions, Progreso provides loans without collateral to clients who lack credit history by using its sophisticated risk-scoring system that emphasizes a client's true capacity to afford a loan.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/05/12 | undisclosed |
Core Innovation Capital | undisclosed |
