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# Fintech startup Arrenda raises over $26 million to offer credit to landlords in Mexico
- URL: https://www.techloy.com/fintech-startup-arrenda-raises-over-26-million-to-offer-credit-to-landlords-in-mexico/
- Published: 2022-07-21T09:11:54.000Z
- Updated: 2022-12-08T00:22:08.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Proptech, Mexico

[Arrenda,](https://arrenda.es/) a fintech startup based in Mexico has raised $26.5 million in its pre-seed round in a mixture of equity and debt financing, to offer credits to landlords in Mexico.

- The fund will be invested in research and development to build out new products on its financial platform and offer loans to property owners in Mexico.
- The startup also launched Adelanta, a product that provides financing for property owners in the country.
- It uses artificial intelligence to aggregate the profiles of landlords before assigning credits to them.
- Fasanara Capital led the funding round with participation from Kube Ventures, ODX, Toehold Ventures, Wharton Fintech, Lightspeed Venture Partners Scout Fund, PRMM Inmobiliaria, and angel investors.