Rocket.la company logo

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rocket.la

Founded Year

2014

Stage

Bridge - IV | Alive

Total Raised

$520K

About Rocket.la

Rocket is a Fintech company that enables users to make correct financial decisions with big and smart data, thanks to the learning-matching model that maximize the probability of having the best credit card for each person in real time.

Rocket.la Headquarters Location

rioRIO Panuco 157

Mexico City, 06500,

Mexico

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Expert Collections containing Rocket.la

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rocket.la is included in 1 Expert Collection, including Fintech.

F

Fintech

4,553 items

Latest Rocket.la News

IGNIA, Angel Ventures, ON Ventures & GC Capital Invest in Rocket.la’s Bridge Funding Round

Aug 22, 2017

IGNIA, Angel Ventures, ON Ventures & GC Capital Invest in Rocket.la’s Bridge Funding Round August 22, 2017 IGNIA, Angel Ventures Mexico, ON Ventures and GC Capital participated in a bridge funding round for Rocket.la, a Mexican fintech startup developing credit products for the under-banked. ( Rocket ) Rocket (www.rocket.la), a fintech company that connects Latin Americans to their best options for credit products, announced the successful closing of a bridge funding round by leading Mexican venture capital firms IGNIA, Angel Ventures, ON Ventures and GC Capital. Rocket links individuals, 60% of whom have no prior credit history, to an optimal suite of financial products that generate dramatically higher credit approval rates than those of traditional banks. Rocket also helps users increase their credit score by proposing actions to improve the management of their personal financial products. Rocket has developed two mathematical models that profile users according to their needs and probability of approval. “We see a huge need for more awareness and better understanding of personal financing options in Mexico. Rocket is using its unique sourcing algorithms and credit scoring platform to help individuals find their best credit option, and financial institutions generate more accurate leads. This is only the beginning for Rocket, as this need from credit seekers and banks is prevalent throughout Latin America,” commented Alvaro Rodriguez, Co-Founder and Managing Partner of IGNIA. “Rocket has positioned itself as the top choice for banking institutions for online acquisition, we are currently working with 10 top financial institutions in Mexico to improve their online processes and to design better products according to users’ needs. With this additional capital, Rocket will be able to expand its engineering team, accelerate new user growth and open in new geographies,” commented Daniel Rojas, CEO and Co-Founder of Rocket. Camilo Kejner, Managing Partner of Angel Ventures, stated that “Rocket has created a wider funnel with higher quality and more precise leads than that of other companies in this market segment, leading to much larger approval rates. We were always curious as to what type of conversion rates Rocket would have as they escalated from 5,000 to 50,000 referrals a month, and the results have exceeded our expectations. Daniel and his team have managed to create a robust system and solid connections with large financial institutions that now rely on Rocket for quality leads”. IGNIA, Angel Ventures, ON Ventures & GC Capital Invest in Rocket.la’s Bridge Funding Round was last modified: August 22nd, 2017 by Editor 0 Facebook Twitter Google + Submit VC News Have private equity or venture capital related news that you would like to share? Submit your press releases and news to news@lavca.org . LatAm Venture Bulletin The LatAm Venture Bulletin is a bi-weekly newsletter of breaking deals, investor perspectives, research and curated news from the LatAm venture ecosystem. Email Address *

Rocket.la Web Traffic

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Rocket.la Rank

  • When was Rocket.la founded?

    Rocket.la was founded in 2014.

  • Where is Rocket.la's headquarters?

    Rocket.la's headquarters is located at rioRIO Panuco 157, Mexico City.

  • What is Rocket.la's latest funding round?

    Rocket.la's latest funding round is Bridge - IV.

  • How much did Rocket.la raise?

    Rocket.la raised a total of $520K.

  • Who are the investors of Rocket.la?

    Investors of Rocket.la include GC Capital, Angel Ventures Mexico, ON Ventures, IGNIA and AVM Capital LP.

  • Who are Rocket.la's competitors?

    Competitors of Rocket.la include Destacame and 1 more.

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