Dealflow | August 31, 2017

Rocket raises funding to expand credit options in Mexico

The team at


Inclusive Economics

Angel Ventures, IGNIA, ON Ventures, and GC Capital backed the firm

Photo credit: Rocket

Three in five Mexicans have no credit history.

Fintech startup Rocket’s credit assessment model links 50,000 borrowers each month to financial institutions that fit their profiles.

“Rocket has created a wider funnel with higher quality and more precise leads than that of other companies in this market segment, leading to much larger approval rates,” says Camilo Kejner of Angel Ventures, which backed Rocket’s undisclosed bridge financing alongside venture capital funds IGNIA, ON Ventures, and GC Capital.