Atrato

Atrato

Digital consumer credit for retail purchases

Overview

Company Does Not Provide H1B Sponsorship

Atrato Pago provides consumer credit as a payment option for retail purchases in Mexico. It pays merchants upfront and allows customers to repay Atrato Pago over up to 24 months, effectively acting as a credit provider at the point of sale for online and in-store shopping. The product works by the customer selecting Atrato Pago at checkout, completing a credit application with required documents, and, upon approval, viewing their balance and payment references in their Atrato Pago profile. Revenue comes from interest charged on the financed amount. The company differentiates itself by serving a broad demographic (ages 18–70 with Mexican mobile numbers and emails) and by offering credit through a digital platform that supports both online and offline retailers, enabling merchants to offer installment payments without carrying the funding risk. Its goal is to expand accessible consumer credit for retail purchases in Mexico while earning steady interest income from the financed balances.

YC Company

About Atrato

Simplify's Rating
Why Atrato is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Consumer Software

Fintech

Financial Services

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$17.8M

Headquarters

Mexico City, Mexico

Founded

2019

Your Connections

People at Atrato who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • BNPL market grows at 14.7% CAGR to $1T globally by 2031.
  • $15M credit line from Architect Capital expands merchant partnerships.
  • Generated over 40 million pesos in sales for partners since launch.

What critics are saying

  • Klarna captures e-commerce merchants with global infrastructure in 2025.
  • Banorte's Clip dominates in-store with 20M users in 3-9 months.
  • CNBV SOFOM rules force equity raise, curtailing credit lines in 12-24 months.

What makes Atrato unique

  • Atrato offers BNPL up to 24 months for online and in-store retail in Mexico.
  • Advanced underwriting enables instant approvals without credit cards up to 200,000 pesos.
  • Raised $2.7M seed from Accel, Y Combinator, targeting 30,000 credit lines in 2021.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$17.8M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Remote Work Options

Stock Options

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

0%

2 year growth

2%
rkayg
Nov 16th, 2023
Portfolio

A new tool for teams & individuals that blends everyday work apps into one.

LatamList
Sep 13th, 2021
Atrato fintech raises $15M for e-commerce loans

Atrato, a Mexican fintech, raised $15M in a debt financing round led by Architect Capital. The startup only recently closed its $2.7M seed round in April.

LatamList
Apr 30th, 2021
Fintech Atrato raises $2.7M to provide 30,000 credit lines

LatamList – Atrato, a Mexican fintech, raised a $2.7M seed round led by Accel. Various angel investors also participated in the round, including Martin Schrimpff, founder of PayU, and Bill Clerico, creator of WePay.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Atrato right now.

Find jobs on Simplify and start your career today

We update Atrato's jobs every few hours, so check again soon! Browse all jobs →