We develop, implement and operate full-stack digital credit solutions for businesses to scale and capture new markets.

Tangelo is a technology company specializing in alternative credit. We develop and operate tailor-made credit solutions partnering with corporations and strategic investors.

We cater to underserved consumers and SMEs using our unique combination of cutting-edge technology, risk analytics, and proven operational capabilities.

Message from the CEO

Tangelo's strategy focuses on the building of long term relationships with all of our stakeholders; from our employees, to our clients, to our corporate partners and then to our investors. All of these relationships work together to differentiate Tangelo and create our thriving business.   

At heart we are a credit business that has put together a world class team and is able to leverage over two decades of operational experience throughout the region. Tangelo's business combines the agility and versatility of a technology company with the reliable, disciplined approach of an established player.  These attributes have helped us build and scale a diverse array of credit products working closely with our partners.         

We have only just begun our journey and we are rapidly expanding our footprint across Latin America.

Tarek El Sherif & Alejandro Monzo, co-CEOs at Tangelo

Investor news

Key Financial Figures

We let our results speak for themselves.

3M+
Loans
disbursed
$3B+
USD portfolio originated
$500M
USD portfolio under management
30+
AI credit scoring models

Key Financial Highlights

Key Financial Highlights

9M21

9M22

Var.%

Total Revenues
1,435
1,954
36.2
Net Income
56
(11)
(119.6)
Comprehensive Financing Result
233
218
(6.4)
Total Portfolio
9,622
8.877
(7.7)
Total Assets
11,387
11,723
3.0
Shareholder’s Equity & Reserves (“SE”)
1,810
1,839
1.6
Financial Debt*/Shareholders’ Equity*
4.6x
4.6x
-
Capitalization* (SE*/Total Assets*)
16.90%
16.60%
(30)bps
SE*/Total Portfolio
19.40%
21.90%
250bps
ROAA
0.70%
(0.1)%
(80)bps
ROAE*
4.3%
(0.8)%
(510)bps
Credit Rating (Fitch, Global)
B+
B
-

*Net financial ratios, not accounting for the effects caused by variations in the exchange rate for the quarter due to the debt covage, eliminating the effect on the OCI on Shareholders Equity.