# Kashin

**Source:** https://geo.sig.ai/brands/kashin  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Emerging  
**Website:** kashin.app  
**Last Updated:** 2026-04-14

## Summary

Latin American micro-merchant lender using social endorser networks for credit scoring; sub-8% default rate with $6.8M revenue and M&A offer received in 2025 competing in LATAM fintech.

## Company Overview

Kashin is a Latin American fintech providing micro-merchant financing through a social credit algorithm that leverages endorser networks — where established merchants in a community vouch for new borrowers, creating a collaborative credit scoring model that achieves sub-8% default rates compared to the traditional 15% for micro-merchant lending in the region. Founded in 2020 in Lima, Peru and a Y Combinator S22 graduate, Kashin reached $6.8 million in revenue by June 2024 with a 45-person team, receiving an M&A acquisition offer in April 2025.\n\nKashin's lending model adapts the informal trust networks that already exist in Latin American merchant communities — where experienced vendors know which new sellers are trustworthy — into a formalized credit endorsement system. When a micro-merchant applies for a working capital loan, existing network members who know the applicant can endorse the application, improving the credit score and loan terms available. This social signal supplements traditional financial data (which most micro-merchants lack) and aligns incentives by making endorsers accountable for recommending creditworthy borrowers.\n\nIn 2025, Kashin serves the estimated 50+ million micro-merchants across Latin America who lack formal credit history and collateral for traditional bank loans but need working capital to purchase inventory, manage cash flow, and grow their businesses. Kashin competes with Konfio (Mexico), Nubank's lending products (Brazil), and other fintech lenders targeting the SME and micro-merchant segment. The M&A offer received in April 2025 reflects consolidation interest in the Latin American fintech lending space as larger platforms seek to acquire the proven credit models and merchant customer bases of successful micro-lending fintechs. The 2025 strategy focuses on evaluating strategic options (the M&A offer or continued independent growth), geographic expansion from Peru to other Andean markets, and potentially expanding from merchant financing to adjacent financial services.

## Frequently Asked Questions

### What is Kashin?
Kashin is a Lima, Peru-based fintech company that provides a credit platform for the underbanked population in emerging Latin American economies. Founded in 2020, the company uses a collaborative credit algorithm with social endorser networks to provide micro-merchant financing, positioning itself as the Square for micro-merchants in Latin America.

### What products and services does Kashin offer?
Kashin offers credit solutions specifically designed for emerging economies, focusing on micro-merchant financing through a mobile app. The platform uses a social endorsement model where users create networks of endorsers to access credit.

### Who is Kashin's target customer base?
Kashin targets underbanked micro-merchants in Latin America who traditionally have limited access to credit. The company focuses on serving the underbanked population across emerging economies in the region.

### When was Kashin founded and by whom?
Kashin was founded in 2020 by Jose Palacios and Christophe Robilliard. The company participated in Y Combinator's Summer 2022 batch.

### Where is Kashin located?
Kashin is based in Lima, Peru.

### Has Kashin raised funding?
Yes, Kashin raised undisclosed funding from Y Combinator as part of their Summer 2022 (S22) batch.

### What are Kashin's key achievements and metrics?
Kashin reached $6.8M in revenue by June 2024 and maintains a default rate of less than 8% compared to the traditional 15% rate. The company has grown to 45 employees and received an M&A offer in April 2025.

### How does Kashin's credit technology work?
Kashin uses a collaborative credit algorithm where users create a social network of endorsers to access credit. This social endorsement model has helped achieve a default rate of less than 8%, significantly lower than the traditional 15% rate.

### How can customers access Kashin's services?
Customers can access Kashin's credit platform through their mobile app, which is designed for financial inclusion of underbanked micro-merchants in Latin America.

### What are Kashin's recent developments?
As of June 2024, Kashin reached $6.8M in revenue with a team of 45 employees. The company received an M&A (merger and acquisition) offer in April 2025, demonstrating strong market interest and traction.

## Tags

b2b, fintech, payment-processing, latin-america, startup, mobile-first

---
*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*