For example in Mexico:
It does so by introducing a key new actor to the p2p lending scene, the Fundary Ambassador.
The Fundary Ambassador originates and insures loans for borrowers without a credit history, allowing exponential growth in adoption.
Users can supplement or replace their income by becoming Fundary Ambassadors. Only Ambassadors can:
Sign-up other users with loans based on their network and take a commission.
Access unique rewards and events
Issue Prepaid Fundary Debit cards to users.
Ambassadors are incentivized to make sure borrowers they originate NEVER DEFAULT.
Lenders can also lend based on an ambassador’s history and distribute their risk across the ambassador’s network, instead of just doing 1:1 loans.
Casual Ambassadors supplement their income by selling to their trusted network.
Small Business Ambassadors use Fundary to originate loans for their customers to finance the purchase of products from their retail locations.
Sole founder of Merc, LATAM’s largest market research company with over 800 employees and offices in 7 countries. Acquired by GFK in 2012
Passionate about the environment, Marcelo is also the owner of Ziklum, Mexico’s largest multi-layer material recycling plant.
Chief Marketing Officer
10+ years working for top global corporations within different brands & industries: consumer goods, personal care, door to door leading brands. Such as Nestle, Clorox & Tupperware.
Stanford - BA, Public Policy, ’08
Oxford - 2008 Rhodes Scholar, MS Applied Statistics 2010.
Former CEO of Polhooper Strategic, enterprise data science consulting
CTO of Credijusto
Lieutenant in U.S. Navy Reserves
Ex-Goldman Sachs, Lazard & Highland Capital investment banker & principal investor in charge of deploying over $300M of capital; currently General Partner at Wired Investors in charge of the Digital Asset & Crypto Private Equity Strategy.
Advisor for multiple blockchain companies.
20 years of experience in transnational consumer companies such as Unilever, Tupperware and TFF.
Last 6 years performing high direction roles with more experience in the financial area, including IT and HR areas and lately in the Commercial area.