Structured Finance for Organized Communities

Credit infrastructure for employers, organizations and associations.

$K
Loans Originated
Active Communities
%
Default Rate
%
Net Margin
The Problem

Traditional credit doesn't work

Organized communities are locked out of affordable, structured credit solutions.

Limited Access

Employees organized in unions and other communities are excluded from traditional credit pipelines.

Abusive Rates

Formal and informal lenders charging rates above 150% annually to underserved segments.

Inefficient Scoring

The rigidity of traditional scoring excludes people who do have payment capacity.

Access to Credit — Effective APR %

The Solution

The institutional advantage

Camelus reduces risk by leveraging institutional channels for origination and repayment.

Employer / Organization

Institutional channel

Camelus Platform

Risk & origination engine

Loan Origination

Structured credit products

Payroll Repayment

Institutional collection

Technology
Distribution
Risk Model
Traction

The business already works

A profitable and solidly growing company with consistent metrics since mid-2024.

Cumulative Origination

$437K (USD)

Outstanding Portfolio

$322K

Active Communities

6

Major union — Prov. de CórdobaAgreement signed

22,000 affiliates — 6.5% take rate at ARS 100K = $1M USD deployment

Requires $1M USD to begin — waiting for DEBIN implementation

Organizations in negotiation72

Close to signing — requires min $1M USD to begin

Registered Clients

201

Avg Monthly Operations

~20

Active payroll clients renew credits recurrently

Client Retention

70%

Of clients who finished paying, 70% took another loan.

Risk Management

Risk under control

Institutional repayment channels deliver best-in-class portfolio performance.

Default vs Business

Banks
8.6%
Fintech
20%
Camelus Organizations
0.5%

Payroll Collection

We collect through payroll deduction, ensuring repayment directly from the employer before salary disbursement.

Additional Guarantees

For loans above $2,000 USD, we require additional guarantees to further mitigate credit risk.

Unit Economics

Profitable at unit level

Strong margins driven by institutional repayment and low cost of risk.

Revenue Waterfall (%)

Revenue
144%
Funding Cost
67%
Default Rate
0.5%
Net Margin
20%
Business Model

Multiple revenue streams

Diversified revenue model with clear path to additional income sources.

Gross Revenue by Year (USD K)

* 2026 partial (year to date)

Credit Income

Gross income from credit operations

Check Discounting

Gross income from check discounting operations

Coming Soon
InsuranceInvestmentsAccountCredit Card
Market Opportunity

Massive addressable market

Structured payroll-linked lending represents one of the largest opportunities in LATAM financial services. Camelus leverages institutional networks to scale this model rapidly.

TAM / SAM / SOM

$45B
TAM
Payroll lending in LATAM
$8B
SAM
Organized communities segment
$120M
SOM
~1.5% SAM in 5 years
Financial Inclusion

40%+ of adults in LATAM remain under-banked, creating structural credit demand.

Payroll Advantage

Payroll-linked credit significantly reduces default risk via verifiable income flows.

Fintech Infrastructure

Financial APIs, digital onboarding and alternative scoring enable efficient scaling.

Formal Employment (M)

Brazil
60M
Colombia
11M
Mexico
40M
Argentina
13M
Chile
6M
Peru
6M

~136M formal workers

Expansion Roadmap

Argentina
Active
US Hispanic
Priority market
Brazil
Priority market
Colombia
Phase 2
Mexico
Phase 2
Paraguay
Phase 2
Chile
Phase 3
Peru
Phase 3

TAM: Total payroll-linked lending in LATAM. SAM: Formal employees within Camelus target markets. SOM: Projected penetration via institutional partnerships in 5 years. Sources: World Bank, ILO, Central Banks of Argentina, Brazil, Colombia, Mexico, Chile and Peru.

Partnership

Strategic partnerships

Building the ecosystem with leading financial infrastructure providers.

Partners — Objectives

MantecaIntegrated
Pomelo
Visa
Mastercard

Wallet Partner

What we offer
  • Distribution to 6 active communities
  • KYC/AML compliant users
  • Transaction volume
What we seek
  • Wallet infrastructure
  • Card issuing capability
  • Payment rails

Insurance Partner

What we offer
  • Captive distribution channel
  • Payroll deduction capability
  • Risk data & scoring
What we seek
  • All types of personal insurance (auto, home, credit, life, etc.)
  • Claims processing
  • Embedded insurance products

Funding Partner

What we offer
  • Proven portfolio performance
  • Institutional repayment
  • Technology platform
What we seek
  • Credit facility expansion
  • Long-term capital provider with synergy potential
  • Co-lending structure

Camelus connects capital, financial infrastructure and organized communities to create a scalable credit ecosystem.

Competitive Advantage

Structural advantage

Camelus combines technology infrastructure, institutional distribution and risk management to build a platform that is hard to replicate.

Institutional Distribution

Operates through organized communities — employers, unions, public employees, cooperatives — radically reducing CAC, credit risk and churn.

6 active communities

Risk Model

Scoring based on labor data, institutional history and portfolio behavior delivers lower default and better pricing.

Lower default than market

Technology Infrastructure

Proprietary platform integrating origination, scoring, portfolio management and institutional collection.

End-to-end platform

Capital-Light Model

Origination + servicing + risk management with capital from credit funds, banks and family offices — scales without large equity rounds.

No balance sheet needed

Financial Network Effect

Communities
Risk Data
Better Scoring
Better Portfolio
Capital Access
More Communities

Camelus builds a financial infrastructure based on organized communities, where the combination of institutional distribution, proprietary technology and associated capital creates a structural advantage that is hard to replicate.

Why Now

Why now

The convergence of fintech regulation, digital infrastructure and structured credit demand creates a unique window to scale the Camelus model.

Mature Fintech Infrastructure

Platforms like Pomelo, Visa/Mastercard fintech programs, BaaS and Open Finance enable card issuing, wallets, instant payments and API integrations — what once required a bank can now be built as a fintech platform.

Structural Credit Demand

40%+ of LATAM adults remain under-banked. 130M+ formal workers rely on informal credit. Payroll-linked lending reduces risk and expands access.

Institutional Funding Shift

Institutional funds are financing fintechs via warehouse facilities, credit funds and co-lending structures — enabling capital-light, asset-backed origination models like Camelus.

Community Digitalization

Organizations are adopting embedded financial platforms — employee benefits, community financial services — creating new distribution channels for structured credit.

Camelus connects capital, financial infrastructure and organized communities to create the next generation of structured credit in Latin America.

Use of Capital

$1M credit facility

Clear allocation plan with defined milestones and path to Series A.

Capital Allocation

Loan Capital91%
Technology5%
Expansion3%
Compliance1%

Milestones

Month 3
Investments & Insurance Launch
Month 6
Wallet Launch
Month 12
Camelus Token Launch
Month 18
Series A Ready
Team

The team behind Camelus

AP

Agustín Patat

Co-Founder & CEO

Lawyer and Accountant specialized in structured finance. CNV producer agent. Former PriceWaterhouse.

FR

Luis Fernando Roda

Co-Founder & CTO

Electronics Engineer with 15+ years in industrial project management and technology. Former Arcor. 5 years working in Africa.

AS

Antonio Santamaria

Co-Founder & CCO

Communications & institutional relations. Speaks 4 languages with deep institutional experience.

Raising $1M Credit Facility — No Equity
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© 2026 Camelus — Buenos Aires, Argentina