Goldman Sachs provided a $140 million credit line to help finance the Mexican expansion of LATAM fintech and specialty finance originator Xepelin, which offers payment and credit services to SMEs. Xepelin’s core offering is B2B financing for inventory and receivables. The asset-backed loan will be disbursed in two tranches, the first for $40 million and the second for $100 million. In order to create a tool to better analyze credit risk, Xepelin employs technology to collect publicly available information from businesses, such as data from tax agencies.
Goldman Lends $140 Million to Latin American Fintech Xepelin