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Galgo
Chile · Fintech · Mobility
Galgo is a motorcycle commerce and financing platform that helps consumers buy bikes through online credit applications and a network of dealerships.
Product
Galgo combines motorcycle discovery, purchase and financing in an online journey. Buyers choose a model, submit income and identity information, receive a credit decision and sign digitally, then collect the motorcycle through a partner dealership.
Galgo uses technology and transaction data to assess borrowers, including informal workers and people with limited credit histories. It operates in Mexico, Colombia and Chile and reports financing more than 200,000 people.
- Headquarters
- Santiago, Chile
- Product
- Online motorcycle marketplace and consumer financing
- Customers
- Motorcycle buyers underserved by traditional credit and motorcycle dealerships
- Maturity
- Operating across Mexico, Colombia and Chile; the company reports more than 200,000 people financed
Funding history
2 rounds · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Credit facility | MX$1B | BBVA Spark — Participant | |
| Strategic investment | Undisclosed | Uber — Participant |