Financiera Confianza S.A.A.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Financiera Confianza S.A.A. - overview
Established
1998
Location
Lima, -, Peru
Primary Industry
Financial Services
About
Financiera Confianza S. A. A. is a Peruvian financial institution that provides specialized financial services and products primarily to underserved populations, focusing on enhancing financial inclusion and supporting economic development in rural and semi-urban areas.
Founded in 1998 and headquartered in Lima, Peru, Financiera Confianza S. A. A. serves the financial needs of clients through various credit options and services.
The company has executed 2 deals, with the most recent funding round being a GROWTH round in February 2018, where responsAbility Investments AG participated, contributing to a total amount raised of USD 1. 00 mn. The founder's history is not documented in available sources. Financiera Confianza offers a diverse suite of financial products aimed at underserved communities in Peru.
Their offerings include personal loans, educational loans, agricultural credits, financing for small and medium-sized enterprises (SMEs), savings accounts, term deposits, and various insurance products. This comprehensive range is tailored to meet the specific needs of individual and business clients, enhancing their financial inclusion and improving economic conditions in rural and semi-urban areas such as Caballococha. In 2023, Financiera Confianza reported a revenue of USD 114,221,307 and an EBITDA of USD 6,765,132. 9.
The company generates revenue primarily from interest on loans and fees associated with its financial services. This includes transactions related to personal and educational loans, as well as premiums from insurance products, ensuring accessibility for the target demographic while maintaining profitability. Partnerships with organizations like Fundación Microfinanzas BBVA support their operational capabilities. Financiera Confianza plans to launch new financial products aimed at improving access for underserved populations, though specific release dates are not disclosed.
The company is also targeting expansion into additional regions within Peru to further its mission of financial inclusion. The recent GROWTH funding round will be utilized to support these initiatives, helping the company enhance its product offerings and expand its geographic reach. In February 2018, BBVA acquired responsAbility's minority stake in Financiera Confianza, although financial terms were not disclosed.
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
www.confianza.pe
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Financiera Confianza S.A.A. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Financiera Confianza S.A.A. | - | ||||||||
| Growth | Completed | Financiera Confianza S.A.A. | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.