# Apurata

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apurata

- Industry: Financial Services
- Headquarters: Lima, Peru
- Website: www.apurata.com/
- Latest round: Seed (Nov 2, 2017)
- Investors on record: 1

## About

Based in Lima, Peru, and founded in 2016, Tecno Creditos SAC, trading under the name Apurata, is a financial services company that provides loans to middle-class Latin Americans. The company was co-founded by its CEO, Patrick W., and others. In November 2017, Apurata raised seed funding from Escala.VC.

The company offers personal loans through its digital platform. The company provides short-term credit solutions for individuals and businesses, with loan amounts ranging from S/100 to S/5,000. The firm enables customers to select repayment terms between 8 and 187 days, choosing from one to twelve installments. Apurata’s loan approval process is automated, allowing for instant credit decisions and quick fund disbursement. In addition to personal loans, the company supports e-commerce businesses through its financing service, Acuotaz, which helps merchants increase sales by offering installment payment options to their customers.

The organization plans to use the November 2017 funding to scale its products to the Latin American middle class.

## Funding rounds

- Seed, Nov 2, 2017 — Escala.VC

## Investors

- Escala.VC (https://capitalatlas.ai/funds/escala-vc) — Seed
