Business

Loan platform Doopla receives authorization to operate under fintech law in Mexico

The person-to-person loan platform Doopla has received the green light from the Mexican National Banking Commission

Photo: Screenshot/Doopla
  • The person-to-person loan platform has received the green light from the Mexican National Banking and Securities Commission;
  • The platform has more than 9,000 active investors.

Mexican fintech Doopla, which began operations in 2015, connects investors with credit applicants. The platform has more than 9,000 active investors, has lent more than MXN 250 million, and has observed an annual growth of 121% in funded loans, according to El Financiero.

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The person-to-person loan platform has received the green light from the Mexican National Banking and Securities Commission (CNBV) to operate under the terms of the fintech law, reported El Economista.

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