
techreo
Digital platform for comprehensive financial services designed for everyone.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
* | $3.4m Valuation: $28.0m | Early VC | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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TechReo is a Mexican-based fintech startup that offers a comprehensive suite of financial services through its mobile application. The company is primarily aimed at individual consumers and micro-entrepreneurs, providing them with a one-stop solution for their financial needs.
TechReo's services include savings accounts, bill payments, and receiving payments. It also offers credit products tailored to different needs. For instance, it provides microloans for small businesses, ranging from $10,000 to $50,000, which can be used for purchasing inventory or new machinery. For homeowners, TechReo offers home improvement loans ranging from $20,000 to $100,000. The company also provides personal loans for salaried individuals to help them manage their budget, handle emergencies, or fund their projects.
In addition to these credit products, TechReo also offers an investment account that allows users to invest as little as $100 and earn returns. The company also provides insurance packages covering life, health, and funeral expenses, starting from $10 per month.
TechReo's business model is based on earning interest from the loans it provides and fees from its other services. The company also generates revenue from the premiums paid for its insurance packages.
TechReo's approach to financial services is user-friendly, with the aim of making financial management and growth accessible to everyone. The company also provides learning programs with tips to make users' financial lives easier.
Keywords: Fintech, Mobile Application, Financial Services, Microloans, Home Improvement Loans, Personal Loans, Investment Account, Insurance Packages, User-friendly, Financial Education.