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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Luzverde: Empowering Latam SMBs with risk-free credit sales, boosting growth and sales across Panama and Ecuador.
Founded with the mission to empower small and medium-sized businesses (SMBs) in Latin America, luzverde offers a "credit sales as a service" model that enables merchants to sell on credit at the point of sale (POS). This service allows merchants to increase their sales significantly without taking on financial risk, as they receive immediate payment while luzverde's lending partners assume the credit risk. Operating in Panama and Ecuador, luzverde has onboarded over 200 points of sale and facilitates around USD 400k in monthly credit sales.
Notable affiliated individuals and investors have yet to be publicly disclosed, but the company's key achievements include reaching nearly USD 20k in monthly revenue and demonstrating substantial growth in its market. Luzverde's impact is evident in its ability to provide underbanked SMBs with access to credit, thereby fostering economic growth and financial inclusion in the regions it serves.
Operating Status
Active
Ownership Type(s)
Private
Main Product(s)
Credit Sales, POS Financing
Technology
FinTech
Tags
Fintech, SaaS
Model Types
Financial, Platform
Revenue Type(s)
Transactional, Recurring
Customer Type(s)
Small Business
Geographic Exposure
Americas
When was luzverde founded?
luzverde was founded in 2018.
Where is luzverde’s headquarters located?
luzverde’s headquarters is located in Panama City, 8, PA.
When was luzverde’s last funding round?
luzverde’s most recent funding round was for $120k (USD) in March 2022.
How many employees does luzverde have?
luzverde has 30 employees as of Feb 4, 2024.
How much has luzverde raised to-date?
As of July 05, 2023, luzverde has raised a total of $1.1M (USD) since Mar 23, 2022.
Add Comparison
Total Raised to Date
$1.1M
USD
Last Update Mar 23, 2022
Last Deal Details
$120k
USD
Mar 23, 2022
Seed
Total Employees Over Time
30
As of Feb 2024
luzverde Address
Panama City,
Panamá Province
Panama
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts