Credifiel

Credifiel was founded in 2005 as one of the pioneers in payroll lending and since then has grown to be the Top 5 payroll loan provider in Mexico by expanding across smaller towns where banks do not have branches and people lack access to credit even though they fit the borrower profile.

Credifiel's customers are employees of government agencies and federal states. Public sector jobs have a very low employee turnover, thus guaranteeing higher loan repayment rates. As inherent security, the loan repayments are deducted directly from the employees' payroll. To make sure their clients are creditworthy, Credifiel has a team of experts in security analysis that includes not only the regular financial checkups and KYC but also details such as signature analysis to avoid potential identity frauds.

The security of Credifiel's investment opportunities consists of a direct loan assignment complemented by an extra layer of pledges over loans listed on Mintos, which are established to secure investor claims.