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.
