Palenca makes it easy for companies in LatAm to verify employment data and identity, enabling them to run background checks and provide financial services. Unicorns like Kavak and Lalamove use us to provide financial services and run background checks.
Hola Product Hunt! 🌮
I'm the co-founder of Palenca along with Antoine and Pierre. We're super excited to show the Product Hunt community what our team has been working on in the past few months.
Prior to Palenca, the three of us were building a lending company focused on the gig economy and had a hard time validating earnings and behavior that we needed to underwrite credit. To solve that we built integrations with gig economy platforms (e.g. Uber, DiDi, Rappi).
We realized the infrastructure we built to get access to the data was way more valuable than the lending business we had before and now we are selling it.
Who is it for?
Financial Institutions 💸
- Validate borrower information through income/employment verification
- Enable direct deposit switching
Recruitment 🙎🏽♂️
- Verify employment for new employees easily
Insurance 🚘
- Quote an insurance policy
- Verify claims
If you have a question, feedback or simply want to know more about Palenca, please leave us a comment here or feel free to reach out at jose@palenca.com
@anhtho_lago Hey Anh-Tho we are focused in emerging markets right now. If we expand to other regions Africa/Asia would be the next one.
Thank you for you comment
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