KNG Securities arranges US$50 million secured debt facility for fintech credit platform in Mexico

 

KNG Securities ("KNG"), an international investment firm with offices in London, New York and Lisbon, announced that it has arranged a secured debt facility of up to US$50 million for Kettera Financial Solutions ("Kettera"), a fintech credit platform that connects institutional investors with receivables financing opportunities for small and medium-sized enterprises, currently focused on Mexico.

 

The facility, provided by Variant Alternative Income Fund, a U.S.-based private credit investor, will support Kettera’s continued expansion of its receivables financing platform for Mexican SMEs. Through the platform, institutional investors finance high-quality trade receivables generated by businesses across key sectors of the economy.

 

Kettera Financial Solutions operates a technology-enabled platform that allows businesses to unlock liquidity from their receivables, helping companies accelerate cash flow, strengthen balance sheets and fund growth. Through its proprietary underwriting framework and digital infrastructure, Kettera originates and manages receivables financing opportunities against invoices issued to large corporate and institutional obligors, with the underlying credit exposure funded by institutional investors.

 

The transaction is structured through a secured, bankruptcy-remote receivables trust platform, designed to ensure strong investor protections and support multiple funding partners as the program scales and Kettera continues to grow its portfolio. The facility will provide flexible funding capacity to support the origination of short-term receivables financing for SMEs across Mexico, with funding provided by institutional capital partners participating in the platform.

 

Mexico remains one of the most dynamic economies in Latin America, where SMEs play a critical role in employment, supply chains and economic development. However, access to flexible financing remains limited for many businesses. Receivables-based financing platforms such as Kettera are helping bridge this gap by allowing companies to convert invoices into immediate liquidity.

 

"When we received the mandate to support Kettera in addressing its funding needs, we were excited to work alongside such a forward-thinking platform," said Perikli Thanasi, Head of Special Situations at KNG Securities. "This transaction represents a natural continuation of KNG’s work in structured credit solutions following similar financings in Europe. 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 of Kettera Financial Solutions, commented:

"This facility marks an important milestone for Kettera. Partnering with Variant provides us with a scalable institutional funding solution that will allow us to significantly expand access to working capital for Mexican SMEs.

Our mission has always been to support businesses that form the backbone of the economy but are often underserved by traditional lenders. With this new facility in place, we are well positioned to accelerate our growth in Mexico while laying the foundation to expand our platform into other Latin American markets over time, all while maintaining a disciplined and transparent approach to credit underwriting."

 

The financing underscores growing institutional interest in asset-backed private credit opportunities linked to real-economy trade flows in emerging markets, where technology-enabled origination platforms are increasingly playing a key role in improving capital access for small and mid-sized companies.