Kettera Secures US$50 Million to Grow SME Lending in Mexico

Kettera Financial Solutions, a specialized business finance platform, has secured a debt facility of up to US$50 million structured by KNG Securities. The funding, provided by a US-based private credit investor, aims to strengthen and expand Kettera's financing capabilities for small and medium-sized enterprises (SMEs) in Mexico.

Kettera operates as a fintech credit platform connecting institutional investors with accounts receivable financing opportunities. By enabling businesses to unlock liquidity from their receivables, the platform helps Mexican SMEs improve cash flow, strengthen balance sheets, and fund growth initiatives.

The transaction was structured through a secured, bankruptcy-remote receivables trust. This mechanism is designed to ensure robust investor protection while providing a scalable framework capable of accommodating multiple funding partners as Kettera expands its portfolio. According to KNG Securities, which maintains offices in London, New York, and Lisbon, the deal reflects growing institutional appetite for private credit opportunities backed by trade-related assets in emerging markets.

“This transaction represents a natural continuation of KNG’s work in structured credit solutions, following similar operations in Europe,” said Perikli Thanasi, Head of Special Situations, KNG Securities. “We believe this facility will not only support Kettera’s growth but also highlight its strong risk management framework and its ability to scale responsibly.”

Jeet Gordhandas, Co-Founder, Kettera Financial Solutions, said the facility marks a significant milestone for the company. He added that the partnership provides a scalable institutional funding solution, positioning Kettera to accelerate domestic growth while laying the groundwork for potential expansion across Latin America.

 Broader Landscape for SME Credit in Mexico

The expansion of private credit facilities comes as Mexican authorities intensify efforts to close persistent financing gaps. Despite mobile banking adoption reaching 69% in 2024, structural barriers remain for smaller firms. Access to credit continues to be a major constraint, with national objectives under "Plan Mexico" targeting a 30% sustainable credit access rate for SMEs. This goal is supported by a MX$4 billion development fund and expanded interoperability for digital transactions.

Fintech innovation is increasingly critical as traditional banking often overlooks underserved segments. While nearly eight out of 10 adults hold a formal financial product, only 37.3% of the population has access to formal credit, a rate that declined further among women and rural populations. Platforms such as Konfío and Nu Mexico are helping drive this shift. Konfío alone disbursed more than MX$17 billion in 2024–2025, supporting 80,000 SMEs through risk-assessment algorithms that reduce approval times from weeks to minutes.

Current trends point toward a "lending-as-a-service," enabling financial institutions to deploy plug-and-play infrastructure rapidly. Approximately 95% of Mexican MSMEs still lack the technology required for real-time decision-making, despite accounting for 99.8% of businesses and 72% of formal employment.