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Kueski provides online personal loans in Mexico, offering amounts from 400 to 23,500 MXN with a fully digital process that requires no collateral. Repayment terms and conditions are clear from the start, and there are no surprises at repayment. In addition to lending, Kueski offers Kueski Pay, a digital credit method for online and in-store purchases that doesn’t require a credit card, available to adult Mexican citizens with a valid voter ID and a Mexico residence. The platform is regulated by CNBV and registered with SIPRES, ensuring security for customers, and includes financial education resources to help users manage money. Revenue comes from loan interest, with a business model that rewards early repayment by reducing the total interest billed. This combination makes Kueski a secure, accessible, and user-friendly digital lender and payment facilitator focused on transparency and responsible borrowing within the Mexican market.
Industries
Data & Analytics
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$324.8M
Headquarters
Guadalajara, Mexico
Founded
2012
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Total Funding
$324.8M
Above
Industry Average
Funded Over
9 Rounds
Kueski appoints Jordan Olivier as CFO to strengthen financial leadership. Kueski recently announced the appointment of Jordan Olivier as Chief Financial Officer (CFO), adding to its leadership team an executive with more than 25 years of experience across fintech, specialty finance, marketplace lending, securities brokerage, asset management and banking. Olivier will lead Kueski's financial strategy as the company continues scaling Kueski Pay and expanding access to digital credit in Mexico. His background includes capital and debt facility management, financial and business planning, capital raising, unit economics, product profitability, pricing, transaction modeling and due diligence. "Jordan has spent his career building finance functions for lending businesses at multiple stages. As we keep scaling Kueski, diversify our products and continue expanding access to credit in Mexico, having someone with his depth in capital markets and unit economics on the team makes us meaningfully stronger," said Adalberto Flores, Founder and CEO of Kueski. Before joining Kueski, Olivier served as CFO and interim CEO of Braviant Holdings, a specialty consumer lending operator. He previously served as VP, Head of Finance at SeedFi, which was acquired by Credit Karma. He also served as Vice President, Head of Fund Finance at LendingClub, helping manage the growth of its investment vehicles through the company's 2014 IPO, and spent more than a decade at Charles Schwab in financial leadership roles supporting businesses with billions of dollars in revenue. "Kueski has built something rare: real scale, a commitment to responsible growth and a product that millions of Mexicans use. I'm joining to help the company fund that growth efficiently and take it to the next stage," said Olivier. Olivier holds an MBA from the University of San Francisco and a Bachelor of Science in Finance from San José State University.
Mexican fintech Kueski has appointed Jordan Olivier as chief financial officer. Olivier brings over 25 years of experience in finance, having held senior positions at Charles Schwab, LendingClub, Braviant Holdings, and SeedFi. At Kueski, Olivier will lead financial strategy as the company scales Kueski Pay and expands digital credit access in Mexico. His expertise spans capital markets, unit economics, and financial planning. Before joining Kueski, Olivier served as CFO and interim CEO at Braviant Holdings. He previously led finance at SeedFi, which Credit Karma acquired, and managed investment vehicles at LendingClub through its 2014 IPO. Kueski operates a buy now, pay later platform in Latin America. The company has issued over 40 million loans across Mexico, with nearly 40% of the country's top e-commerce merchants offering Kueski Pay.
Kueski, one of Latin America's largest buy now, pay later and online consumer lenders, has appointed Pablo Baragiola as Vice President of Fraud. Baragiola brings over a decade of experience from Robinhood, Nubank and Capital One, where he specialised in consumer finance, payments and fraud risk. The appointment underscores Kueski's focus on strengthening its AI-driven platform capabilities as it scales across Mexico. The company operates the country's top finance app on Android, with nearly one million monthly downloads, and has issued around 40 million loans to date. In his new role, Baragiola will lead the evolution of Kueski's fraud detection and decisioning architecture, utilising automation, machine learning and real-time intelligence to support the platform's expansion.
Mexican buy now, pay later (BNPL) and online consumer lending platform Kueski was recognised as one of Mexico's Most Ethical Companies by AMITAI for the fourth consecutive year.
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.Activity in Colombia and Mexico picked up, with fintech dominating the news for the first half of May. Here are the product launches, partnerships, and expansions we saw in the last two weeks.LaunchesColombian bank Bancolombia launched Wenia, a crypto trading platform including a new asset pegged 1:1 to the Colombian peso, aiming to diversify financial services and meet the growing demand for digital solutions. Read more on Contxto.Littio, a Colombian fintech, launched a US bank account through its app, allowing Colombians to easily manage finances in dollars and send remittances at low costs. Read more on LatamFintech Hub.Brazilian neobank PicPay launched a digital account for minors connected to parents’ accounts via their app, allowing parents to set limits, monitor transactions, and schedule automatic allowances. Read more on LatamFintech Hub.Uruguayan crowdfunding platform Crowder announced it will start operating as a private investment platform at the end of May, following approval from the Central Bank of Uruguay in January 2024. Read more on LatamFintech Hub.PartnershipsBBVA Mexico’s payment platform Openpay partnered with fintech Kueski to expand its electronic payment options through payment alternatives including credit and debit cards, transfers, cash payments, and BNPL options
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Industries
Data & Analytics
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$324.8M
Headquarters
Guadalajara, Mexico
Founded
2012
Find jobs on Simplify and start your career today