CrediGo reaches 500,000 active clients in the region
VOPM Group's digital financing platform celebrates a historic milestone by surpassing half a million active clients in the Dominican Republic and Guatemala.
Santo Domingo, December 9, 2024 — CrediGo, VOPM Group's digital smartphone financing platform, announces it has surpassed 500,000 active clients across its operations in the Dominican Republic and Guatemala.
The milestone, reached just five years after its founding in 2019, positions CrediGo as one of the fastest-growing digital credit platforms in the region. The company has processed more than 600,000 financing applications, with an average approval rate above 80%.
"Half a million people who previously had no access to credit now do. That's the number that matters." — Víctor Pacheco, Founder and CEO of VOPM Group
The device-as-collateral technology, developed and patented by VOPM Skunkworks, is CrediGo's central differentiator. The financed device acts as its own collateral, eliminating the need for external guarantees and opening credit access to historically excluded populations.