AltScore closed $8.5M Series A round

AltScore raised $8.5 million in a Series A funding round. The round was led by Haymaker Ventures, with participation from Kamay Ventures, BuenTrip Ventures, Caffeinated Capital, FarOut Ventures, and TechStars.

AltScore provides an AI-driven B2B credit infrastructure platform that enables companies in Latin America to become fintech lenders and offer digital lending products to their small and medium-sized enterprise (SME) customers. The company intends to use the funds to expand operations, further its development efforts, and accelerate its mission to provide fair and timely credit access to SMEs in the region.