Clave Créditos, an affiliate of Latin America focused fintech Clave, and Santander Consumer, a Santander Group company, agreed to have Clave digitally originate and service consumer loans in Argentina.
The partnership pairs Clave’s technology with Santander Consumer’s access to capital and expansive network, with operations in 23 countries that serve more than 25 million clients.
“In 2021, Santander Consumer committed to providing Argentina with a comprehensive financial service platform,” Martín Solano, CEO of Santander Consumer in Argentina, said. “We believe Clave’s digital ecosystem will support this mission.”
“Clave is thrilled to collaborate with Santander Consumer, a proven leader in credit throughout Europe and the Americas,” Pablo Pizzimbono, CEO of Clave, said. “Their trust further validates Clave’s offering.
“Our B2B partnerships with the likes of established private equity firm Kandeo – and its array of Latin America portfolio companies – and the innovative factoring enterprise Liquitech enable Clave to connect SMEs and consumers with global capital. Our work with Santander advances this strategy. Clave looks forward to its continued development in Colombia, Mexico, Argentina and beyond.”
