About Aspiria and its Impact on Mexican SMEs
Aspiria, a company with over a decade of experience, has established a business model based on advanced technology and data analytics to accelerate access to financing for Mexican small and medium-sized enterprises (SMEs).
- Aspiria’s digital platform uses technology and data analysis to assess risk, validate information, and grant credits within days.
- The company’s team of 125 credit, risk, data, and customer service specialists serves thousands of businesses across Mexico, indirectly supporting job creation and economic activity in key sectors.
- Aspiria’s main differentiator is its reach to businesses traditionally underserved: nearly 80% of their clients had never accessed bank financing, highlighting Aspiria’s role as a bridge between SMEs and the capital they need to grow.
Aspiria has also played an active role in Mexico’s energy transition by positioning itself as a pioneer in solar financing for businesses, promoting national electrification through specialized schemes for acquiring solar panels.
BBVA Spark’s Investment and Future Plans
BBVA Spark, sharing Aspiria’s mission of empowering Mexican entrepreneurs through financial innovation, stated that this investment marks a new phase. They plan to deploy thousands of financing options to strengthen and empower Mexican businesses.
“Tanto BBVA Spark como Aspiria compartimos una misma misión: impulsar al emprendedor mexicano a través de la innovación financiera. Esta inversión marca una nueva etapa: desplegaremos miles de financiamientos para fortalecer y empoderar a los negocios mexicanos,” dijo Guillermo Hernández, CEO de Aspiria.
Strengthening Business Growth
The resources provided by BBVA Spark will be channeled towards expanding the financing portfolio for Mexican SMEs, strengthening Aspiria’s presence in strategic states, and developing new financial solutions aligned with market needs.
This operation reinforces BBVA Spark’s commitment to supporting the Mexican entrepreneurial ecosystem and Aspiria’s mission of facilitating business financing in the country.
“En BBVA Spark estamos comprometidos con impulsar el crecimiento de las pymes que mueven la economía de México. Nuestra línea de financiamiento a Aspiria refuerza ese compromiso: apoyar a empresas que están innovando en cómo se atiende el segmento pyme y que comparten nuestra visión de un ecosistema más dinámico, inclusivo y con mayor acceso a capital.” aseguró Rodrigo Velasco, Country Manager México & LatAm Head, BBVA Spark.
Key Questions and Answers
- Who is Aspiria? Aspiria is a Mexican company with over a decade of experience, offering financing solutions to SMEs through advanced technology and data analytics.
- What problem does Aspiria solve? Aspiria addresses the challenge of limited access to financing for many Mexican SMEs, particularly those traditionally underserved by banks.
- What is BBVA Spark’s role? BBVA Spark, a financial arm of BBVA, aims to support the Mexican entrepreneurial ecosystem by investing in innovative companies like Aspiria.
- How will this investment impact Mexican SMEs? The investment will expand Aspiria’s financing portfolio, strengthen its presence in strategic states, and foster new financial solutions tailored to market needs.
