Aplazo

Aplazo (operating at aplazo.mx) is a Buy Now, Pay Later (BNPL) fintech platform engineered for seamless, interest-free installment payments in Mexico. Founded in 2020 and headquartered in Mexico City, Aplazo enables consumers to purchase products from thousands of partner merchants and pay in flexible quincenal (bi-weekly) installments—3, 5, 8, or 12 payments—without requiring a credit card. Under the hood, the platform integrates with e-commerce and retail systems to offer instant approval and payment processing, while providing merchants with marketing tools to boost sales and customer engagement. This allows shoppers to access goods immediately while managing cash flow, and businesses to increase conversion rates and average order values. Aplazo has secured over $100 million in equity financing and $75 million in committed debt funding since its launch, with a total of $213 million raised across 10 rounds.